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, October 2, 2009

Scan 1 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DAYA MATERIALS BHDLong10/1/20090.31961670021.834613
EQUATOR LIFE SCIENCE BHDLong10/1/20090.0435330050.314026
FOCUS DYNAMICS TECHNOLOGIES BHDLong10/1/20090.09547000020.282724
NEXTNATION COMMUNICATION BHDLong10/1/20090.0542000043.193020
SERN KOU RESOURCES BHDLong10/1/20090.569150023.893620
APEX EQUITY HOLDINGS BHDShort10/1/20090.545119810045.352433
OLYMPIA INDUSTRIES BHDShort10/1/20090.235216760021.491822

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