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

Saturday, April 26, 2008

Scan 25 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMALGAMATED CONTAINERS BHDLong4/25/20086.995990032.733727
BURSA MALAYSIA BHDShort4/25/20088.8233200024.12325
INCH KENNETH KAJANG RUBBER PLCShort4/25/20080.47532400025.181819
NEXTNATION COMMUNICATION BHDShort4/25/20080.0833210022.653036
TIME ENGINEERING BHDShort4/25/20080.405118340022.332527
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