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

Monday, October 3, 2011

Scan 3 Oct 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MAXBIZ CORPORATION BHDLong10/3/20110.0426400027.762120
SUPERMAX CORPORATION BHDLong10/3/20112.77127540046.693225
FLONIC HI-TEC BHDShort10/3/20110.121140330026.892531
KUMPULAN EUROPLUS BHDShort10/3/20110.9350900020.132526
TALAM CORPORATION BHDShort10/3/20110.055124000028.261118
TECHNODEX BHDShort10/3/20110.0717650020.252633

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