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

Saturday, September 6, 2008

Scan 5 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GREEN PACKET BHDLong9/5/20081.0424820025.973526
ASIAEP BHDShort9/5/20080.10533550043.691825
HAP SENG CONSOLIDATED BHDShort9/5/20082.4326370027.412224
IOI CORPORATION BHDShort9/5/20084.921398410030.282427
LAFARGE MALAYAN CEMENT BHDShort9/5/20084.3186800022.82528
RESORTS WORLD BHDShort9/5/20082.65862860021.572527
SUNWAY HOLDINGS INCORPORATED BHShort9/5/20080.8466120020.972527

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