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 9, 2008

Scan 9 Sep 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GPA HOLDINGS BHDLong9/9/20080.0986790087.914645
GULA PERAK BHDLong9/9/20080.06106100036.672820
INTELLIGENT EDGE TECHNOLOGIES BShort9/9/20080.0970070030.922430
I-POWER BHDShort9/9/20080.18576200031.92636

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