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

Wednesday, June 25, 2008

Scan 25 Jun 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FARLIM GROUP (M) BHDLong6/25/20080.28512320028.161918
ASAS DUNIA BHDShort6/25/20080.73187300023.491221
GENERAL CORPORATION BHDShort6/25/20081.112500022.642627
MAA HOLDINGS BHDShort6/25/20081.0773410029.662738
MTD INFRAPERDANA BHDShort6/25/20080.73556200025.833133

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