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, September 12, 2008

Scan 12 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KOSSAN RUBBER INDUSTRIES BHDLong9/12/20082.4623610020.323729
THREE-A RESOURCES BHDLong9/12/20080.36523610026.533019
YLI HOLDINGS BHDLong9/12/20080.87512210023.233029
HEITECH PADU BHDShort9/12/20080.9713650024.643539
KOSMO TECHNOLOGY INDUSTRIAL BHDShort9/12/20080.0342500020.362532

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