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, September 17, 2008

Scan 17 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO AQUA HARVEST BHDLong9/17/20080.49142240040.192014
KRETAM HOLDINGS BHDLong9/17/20080.9521230029.482421
MENANG CORPORATION (M) BHDLong9/17/20080.25521040044.88229
MALAYAN BANKING BHDShort9/17/20086.91083080025.81629
SUIWAH CORPORATION BHDShort9/17/20081.0319300040.723234

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