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

Wednesday, October 27, 2010

Scan 27 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FITTERS DIVERSIFIED BHDLong10/27/20100.6456890026.822722
LCTH CORPORATION BHDLong10/27/20100.3157260030.664525
PETRA PERDANA BHDLong10/27/20100.831167460039.583029
GAMUDA BHDShort10/27/20103.811365460030.112325
GULA PERAK BHDShort10/27/20100.03167600021.452325

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