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 19, 2008

Scan 19 Aug 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GULA PERAK BHDLong8/19/20080.065105300024.872419
DAMANSARA REALTY BHDShort8/19/20080.16515630027.122528
GAMUDA BHDShort8/19/20082.651021740027.792728
LB ALUMINIUM BHDShort8/19/20080.40559810031.021755
MALAYSIAN PLANTATIONS BHDShort8/19/20082.68247670021.442526
TENAGA NASIONAL BHDShort8/19/20088.35174160021.161925

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