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

Tuesday, August 12, 2008

Scan 12 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANN JOO RESOURCES BHDShort8/12/20083.46182660020.692233
INCH KENNETH KAJANG RUBBER PLCShort8/12/20080.3512710024.171819
KUB MALAYSIA BHDShort8/12/20080.325222650020.292627
MALAYSIA STEEL WORKS (KL)BHDShort8/12/20081.0621350024.991852
MNRB HOLDINGS BHDShort8/12/20084.112770028.273444
RANHILL BHDShort8/12/20081.1503330031.862730
TSH RESOURCES BHDShort8/12/20082.1749740041.582931

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