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

Monday, October 13, 2008

Scan 13 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERJAYA SPORTS TOTO BHDLong10/13/20084.42313080032.92221
APEX EQUITY HOLDINGS BHDShort10/13/20080.610130058.272936
FTEC RESOURCES BHDShort10/13/20080.045238910045.162933
HIL INDUSTRIES BHDShort10/13/20080.3406600022.882425
METROD (M) BHDShort10/13/20082.7530230038.212044
TIME ENGINEERING BHDShort10/13/20080.14183450021.421820

No comments: