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

Saturday, April 2, 2011

Scan 1 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SAPURA RESOURCES BHDLong4/1/20111.04144340036.15018
SARAWAK OIL PALMS BHDLong4/1/20113.51563600283230
TSM GLOBAL BHDLong4/1/20111.986620038.242926
WINSUN TECHNOLOGIES BHDLong4/1/20110.04530400051.453025
ASIA FILE CORPORATION BHDShort4/1/20114.2412530029.581718
FLONIC HI-TEC BHDShort4/1/20110.0513860039.823035
I-POWER BHDShort4/1/20110.0575300025.071821
LCTH CORPORATION BHDShort4/1/20110.2539760021.692728
LEADER UNIVERSAL HOLDINGS BHDShort4/1/20110.8417450021.392731

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