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, September 3, 2010

Scan 3 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERJAYA LAND BHDLong9/3/20104.413070020.383717
EASTERN & ORIENTAL BHDLong9/3/20101.151628510023.022824
JADI IMAGING HOLDINGS BHDLong9/3/20100.295241490050.432717
JAKS RESOURCES BERHADLong9/3/20100.72439510021.293128
LAND & GENERAL BHDLong9/3/20100.465769590025.342620
MEDA INC. BHDLong9/3/20100.23593290032.331917
OLYMPIA INDUSTRIES BHDLong9/3/20100.215351260022.133427
PALETTE MULTIMEDIA BHDLong9/3/20100.02519550047.543225
PAN MALAYSIA CORPORATION BHDLong9/3/20100.11514980032.751917
PJBUMI BHDLong9/3/20100.325407420035.993327
SANICHI TECHNOLOGY BHDLong9/3/20100.085285220026.934128
SMR TECHNOLOGIES BHDLong9/3/20100.0826830021.682723
SUMATEC RESOURCES BHDLong9/3/20100.27519180021.083531
TRANSMILE GROUP BHDLong9/3/20100.37204090024.092822
CME GROUP BHDShort9/3/20100.0519910026.95294
KBB RESOURCES BHDShort9/3/20100.1973150023.112326
QSR BRANDS BHDShort9/3/20104.3475800025.642325
TELEKOM MALAYSIA BHDShort9/3/20103.441058680022.122133

Thursday, September 2, 2010

Scan 2 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AHMAD ZAKI RESOURCES BHDLong9/2/20100.8216430022.772928
BOLTON BHDLong9/2/20100.9422320031.042524
BRITISH AMERICAN TOBACCO (M) BHLong9/2/201046.9615870024.723618
CBS TECHNOLOGY BHDLong9/2/20100.3112950031.773123
EDEN INC. BHDLong9/2/20100.37110350026.271817
GLOMAC BHDLong9/2/20101.419880028.532724
HDM-CARLAW CORPORATION BHDLong9/2/20100.0412900031.773933
JERNEH ASIA BHDLong9/2/20103.1980270038.562321
MK LAND HOLDINGS BHDLong9/2/20100.31127000026.652524
MMC CORPORATION BHDLong9/2/20102.77729800020.283913
PETRA ENERGY BHDLong9/2/20101.3511100033.245225
SINO HUA-AN INTERNATIONAL BHDLong9/2/20100.3451000000222019
SUNWAY HOLDINGS INCORPORATED BHLong9/2/20101.6146580023.242722
TAN CHONG MOTOR HOLDINGS BHDLong9/2/20104.96176900032.413323
TEBRAU TEGUH BHDLong9/2/20100.71017800025.753319
ZELAN BHDLong9/2/20100.6652141490028.762524
ASIA PACIFIC LAND BHDShort9/2/20100.3244730024.832931
EKOWOOD INTERNATIONAL BHDShort9/2/20100.246520042.713439
SANICHI TECHNOLOGY BHDShort9/2/20100.0819800027.593841
TOWER REAL ESTATE INVESTMENT TRShort9/2/20101.1829350025.083037

Wednesday, September 1, 2010

Scan 1 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
APM AUTOMOTIVE HOLDINGS BHDLong9/1/20104.3929330028.622625
ASIA PACIFIC LAND BHDLong9/1/20100.32510100026.653129
EMICO HOLDINGS BHDLong9/1/20100.2830490043.22820
FITTERS DIVERSIFIED BHDLong9/1/20100.9278250031.382017
INSAS BHDLong9/1/20100.48513840027.172624
IRIS CORPORATION BHDLong9/1/20100.125122030024.381614
LII HEN INDUSTRIES BHDLong9/1/20101.2610620028.142523
SP SETIA BHDLong9/1/20104.58212740022.743319
TANCO HOLDINGS BHDLong9/1/20100.173370025.883720
UNITED KOTAK BHDLong9/1/20101.113220050.482826
WCT ENGINEERING BHDLong9/1/20102.8462960023.792220
AT SYSTEMATIZATION BHDShort9/1/20100.04512660099.52390
CEPATWAWASAN GROUP BHDShort9/1/20100.8911450033.872631
ENGTEX GROUP BHDShort9/1/20100.94118240020.041729
FTEC RESOURCES BHDShort9/1/20100.00551000043.58199
HO WAH GENTING BHDShort9/1/20100.15570200252031
JADI IMAGING HOLDINGS BHDShort9/1/20100.26219290056.862021
JERNEH ASIA BHDShort9/1/20103.0895550041.352024
LEWEKO RESOURCES BHDShort9/1/20100.15593200029.892633
MITHRIL BHDShort9/1/20100.071561000030.032954
MUI PROPERTIES BHDShort9/1/20100.1458530031.21825
NAIM INDAH CORPORATION BHDShort9/1/20100.03556210044.571020
ORNASTEEL HOLDINGS BHDShort9/1/20101.7170480024.32529
PAN MALAYSIA CORPORATION BHDShort9/1/20100.11532070036.391521
SINO HUA-AN INTERNATIONAL BHDShort9/1/20100.33585670023.581920
SUNWAY HOLDINGS INCORPORATED BHShort9/1/20101.58127950024.342324
TANJUNG OFFSHORE BHDShort9/1/20101.6877930038.762327
TRANSMILE GROUP BHDShort9/1/20100.345169850027.022627

Monday, August 30, 2010

Scan 30 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ESSO MALAYSIA BHDLong8/30/20102.7124450020.573919
GUH HOLDINGS BHDLong8/30/20101.232880022.992827
KFC HOLDINGS (M) BHDLong8/30/201010.8108430030.242620
KINSTEEL BHDLong8/30/20100.865130490023.962221
LINEAR CORPORATION BHDLong8/30/20100.0881480036.242623
MARCO HOLDINGS BHDLong8/30/20100.12540000081.913630
MITRAJAYA HOLDINGS BHDLong8/30/20101.0724240037.433626
ORNASTEEL HOLDINGS BHDLong8/30/20101.7339330025.752726
PETRONAS DAGANGAN BHDLong8/30/201010.7624100038.72725
PETRONAS GAS BHDLong8/30/201010.591300022.29709
SANICHI TECHNOLOGY BHDLong8/30/20100.095305200033.627522
STARHILL REAL ESTATE INVESTMENTLong8/30/20100.8524940027.072421
WEIDA (M) BHDLong8/30/20100.858790023.442924
ASIA PACIFIC LAND BHDShort8/30/20100.32546140028.552431
BOLTON BHDShort8/30/20100.9422050041.652425
BORNEO AQUA HARVEST BHDShort8/30/20100.50531020023.091423
COCOALAND HOLDINGS BHDShort8/30/20102.7156763326.972628
EMICO HOLDINGS BHDShort8/30/20100.26547120046.162326
INSAS BHDShort8/30/20100.4914310028.322426
LATITUDE TREE HOLDINGS BHDShort8/30/20101.6214250030.552427
LTKM BHDShort8/30/20102.0413610039.242832
MUI PROPERTIES BHDShort8/30/20100.14100670032.852024
NEW HOONG FATT HOLDINGS BHDShort8/30/20102.416690031.042527
PACIFIC & ORIENT BHDShort8/30/20101.07176330022.412527
PALETTE MULTIMEDIA BHDShort8/30/20100.0366080050.592329
SINO HUA-AN INTERNATIONAL BHDShort8/30/20100.34158270025.831923
SP SETIA BHDShort8/30/20104.3342750022.382326
TAN CHONG MOTOR HOLDINGS BHDShort8/30/20104.75116520035.452627

Average Directional Index (ADX) Indicator - An Introduction

Author: Steven T. Ng

The Average Directional Index, or the ADX indicator for short, acts as a guide to confirm the signals produced by other technical indicators. The Average Directional Index is an indicator that measures the strength of a trend. For example, it can measure whether an uptrend or downtrend is gaining momentum or slowing down.The Average Directional Index (ADX) indicator is a combination of the positive directional indicator (+DI) and the negative directional indicator (-DI). The +DI tracks the upward trend of the stock, while the -DI tracks the downward trend. The ADX indicator combines the two and produces a unified trend strength indicator.The ADX indicator is an oscillating indicator, ranging from 0 to 100, with 0 indicating flat trading, and 100 indicating either a skyrocketing or plunging stock. The ADX only indicates the strength of the trend, and does not indicate its direction.However, it is unlikely to see ADX indicator values above 60, since such high values indicate a trend that usually only appears in long bull runs or long recessions. Usually, any ADX value above 40 is considered to be a strong trend, while any ADX value below 20 indicates that the stock is in a trading range.As for signals produced by the Average Directional Index (ADX) indicator, a move below 40 from above indicates that the trend is slowing. Since most option strategies rely on large price movements in short timeframes, a slowing trend is bad. Therefore an ADX move below 40 would indicate that it is time to close our positions.Conversely, an ADX indicator move above 20 from below indicates that the sideways trading is over, and a new trend is developing. This would indicate that it is time to make a move, either bullish or bearish.Also, signals can be obtained by looking at where the positive directional index +DI and negative directional index -DI lines cross each other. When the +DI crosses above the -DI from below, it is a bullish signal. When the -DI crosses above the +DI from below, it is bearish.We again stress that basing your investment decisions on only one indicator is not recommended. It is best to use it with one or two additional indicators of different types in order to confirm signals and prevent false alarms.For a more specific example on using the ADX indicator on an actual chart, please visit:http://www.option-trading-guide.com/adx.html

Article Source: http://www.articlesbase.com/investing-articles/average-directional-index-adx-indicator-an-introduction-1200910.html

About the AuthorSteven is the founder of the Option Trading Guide at http://www.option-trading-guide.com , a website that provides information on trading stock options and technical analysis techniques.

Friday, August 27, 2010

Scan 27 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MALAYSIA BUILDING SOCIETY BHDLong8/27/20101.39154730027.452520
OILCORP BHDLong8/27/20100.06519790037.095534
OSK PROPERTY HOLDINGS BHDLong8/27/20100.5811850023.042523
PJI HOLDINGS BHDLong8/27/20100.1284800021.192217
ASIAN PAC HOLDINGS BHDShort8/27/20100.085103600064.381316
FTEC RESOURCES BHDShort8/27/20100.0051496840043.58199
GLOMAC BHDShort8/27/20101.35102800034.392833
GUH HOLDINGS BHDShort8/27/20101.1863500024.742728
LII HEN INDUSTRIES BHDShort8/27/20101.2722620032.52527
MALAYAN UNITED INDUSTRIES BHDShort8/27/20100.16204030068.072529
MELEWAR INDUSTRIAL GROUP BHDShort8/27/20100.70575790028.892738
PAN MALAYSIAN INDUSTRIES BHDShort8/27/20100.0590170074.193133
SUNRISE BHDShort8/27/2010272230032.762531
THONG GUAN INDUSTRIES BHDShort8/27/20100.915470023.942730

Scan 26 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA PACIFIC LAND BHDLong8/26/20100.3424850032.173028
AWC FACILITY SOLUTIONS BHDLong8/26/20100.265102150021.54938
ECOFIRST CONSOLIDATED BHDLong8/26/20100.1124100046.982318
LB ALUMINIUM BHDLong8/26/20100.48515050028.393830
MITHRIL BHDLong8/26/20100.115825040029.955723
PAN MALAYSIA CAPITAL BHDLong8/26/20100.10522120024.222524
REDTONE INTERNATIONAL BHDLong8/26/20100.254450045.572927
TANCO HOLDINGS BHDLong8/26/20100.09530100029.242823
APB RESOURCES BHDShort8/26/2010123790024.162728
BORNEO OIL BHDShort8/26/20100.1515900030.452729
CAROTECH BHDShort8/26/20100.0851639370028.051820
CBS TECHNOLOGY BHDShort8/26/20100.327000034.242229
GULA PERAK BHDShort8/26/20100.025146990058.191821
MEDA INC. BHDShort8/26/20100.225181100038.791519
SANICHI TECHNOLOGY BHDShort8/26/20100.08516980028.151181
STARHILL REAL ESTATE INVESTMENTShort8/26/20100.85522810030.972026