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, September 23, 2008

Scan 23 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INIX TECHNOLOGIES HOLDINGS BHDLong9/23/20080.1862120031.957713
TH GROUP BHDLong9/23/20080.46524500028.073530
DAYA MATERIALS BHDShort9/23/20080.3546350038.392628
FRONTKEN CORPORATION BHDShort9/23/20080.5510930020.292123
STARHILL REAL ESTATE INVESTMENTShort9/23/20080.84100460030.422548

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