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

Sunday, April 20, 2008

Scan 18 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ECM LIBRA AVENUE BHDLong4/18/20080.7140850020.882422
KOSSAN RUBBER INDUSTRIES BHDLong4/18/20083.7820230025.223231
OLYMPIA INDUSTRIES BHDLong4/18/20080.4310330025.582019
PAN MALAYSIA HOLDINGS BHDLong4/18/20080.13133300022.24234
TSR CAPITAL BHDLong4/18/20081.28112410021.513631
DREAMGATE CORPORATION BHDShort4/18/20080.4511050028.12223

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