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 3, 2008

Scan 3 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAEP BHDLong9/3/20080.11300510049.412119
LATEXX PARTNERS BHDLong9/3/20080.31514790024.941613
YNH PROPERTY BHDLong9/3/20081.6131100034.842625
AHMAD ZAKI RESOURCES BHDShort9/3/20080.69513870022.912932
MALAYSIA PACIFIC CORP BHDShort9/3/20080.5517700028.262122
UNISEM (M) BHDShort9/3/20081.434880025.341920
UNITED PLANTATIONS BHDShort9/3/200811.822980037.322729

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