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

Thursday, April 14, 2011

Scan 13 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CWORKS SYSTEMS BHDLong4/13/20110.1113050024.083330
GRAND-FLO SOLUTION BHDLong4/13/20110.3620260038.582720
GUNUNG CAPITAL BERHADLong4/13/20110.77510450025.252517
GENTING BHDShort4/13/201110.8656690023.672426
INTEGRATED LOGISTICS BHDShort4/13/20110.9524150028.342439
JAKS RESOURCES BERHADShort4/13/20110.776840020.022122
N2N CONNECT BHDShort4/13/20110.25533600030.12123

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