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 5, 2010

Scan 5 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INGENUITY SOLUTIONS BHDLong10/5/20100.05511000035.824029
PERDUREN (M) BHDLong10/5/20100.9372610021.361716
HUA YANG BHDShort10/5/20101.15938760032.483135
JOHAN HOLDINGS BHDShort10/5/20100.3599330032.892324
OILCORP BHDShort10/5/20100.0252851430054.51850
UNITED MALACCA BHDShort10/5/201010.6611040046.832839

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