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, May 23, 2008

Scan 23 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HEXAGON HOLDINGS BHDLong5/23/20081.719140025.891918
MALAYSIAN MERCHANT MARINE BHDLong5/23/20080.330390028.113230
MNRB HOLDINGS BHDLong5/23/20084.8624850024.983432
TRANSMILE GROUP BHDLong5/23/20081.571405050031.763027
EVERMASTER GROUP BHDShort5/23/20080.7828360020.71314
SUNRISE BHDShort5/23/20082.3218510038.793338

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