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 30, 2011

Scan 29 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ECOFUTURE BHD.Long4/29/20110.06522730026.492519
MAGNA PRIMA BHDLong4/29/20110.837530029.122119
MEGA FIRST CORPORATION BHDLong4/29/20111.7121760023.842719
NOTION VTEC BHDLong4/29/20112.2119130023.043025
BOUSTEAD HOLDINGS BHDShort4/29/20115.7933530026.552122
MELEWAR INDUSTRIAL GROUP BHDShort4/29/20110.86175870027.722123
MIECO CHIPBOARD BHDShort4/29/20110.66544500020.082324
PETALING TIN BHDShort4/29/20110.395103770020.082426

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