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, May 18, 2008

Scan 16 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMALGAMATED CONTAINERS BHDLong5/16/20086.95116020032.83726
EVERMASTER GROUP BHDLong5/16/20080.78526080025.611615
JADI IMAGING HOLDINGS BHDShort5/16/20080.1760000034.222831
KARAMBUNAI CORP BHDShort5/16/20080.0943260053.921517
MALAYSIAN AIRLINE SYSTEM BHDShort5/16/20083.7233360022.262540
MEDIA PRIMA BHDShort5/16/20082.3536373321.332225
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