ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Tuesday, October 19, 2010

Scan 19 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EONMETALL GROUP BHDLong10/19/20100.44587660024.632317
OSK VENTURES INTERNATIONAL BHDLong10/19/20100.405228280022.053229
TEJARI TECHNOLOGIES BHDLong10/19/20100.175690230036.333427
TOP GLOVE CORPORATION BHDLong10/19/20105.68143140024.143027
MALAYSIAN PLANTATIONS BHDShort10/19/20103.284380031.142223
NOVA MSC BHDShort10/19/20100.06514920024.392733
TRICUBES BHDShort10/19/20100.07510900020.922730

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