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

Friday, May 20, 2011

Scan 19 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INGENUITY SOLUTIONS BHDLong5/19/20110.19533513100342322
PJBUMI BHDLong5/19/20110.1829310022.343321
DIGI.COM BHDShort5/19/201128.8269500024.942628
HPI RESOURCES BHDShort5/19/20113.338900022.412427
MATRIX INTERNATIONAL BHDShort5/19/20111.1213620024.692830

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