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, January 14, 2011

Scan 13 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FURQAN BUSINESS ORGANISATION BHLong1/13/20110.165751810027.32117
IJM CORPORATION BHDLong1/13/20116.52504720031.313322
CWORKS SYSTEMS BHDShort1/13/20110.07517390030.892022
FABER GROUP BHDShort1/13/20112.191771590025.141949
NV MULTI CORPORATION BHDShort1/13/20110.29174310068.561082

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