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, October 22, 2008

Scan 22 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERTAM ALLIANCE BHDLong10/22/20080.29514100023.981915
BINA PURI HOLDINGS BHDLong10/22/20080.87574660021.541918
FURQAN BUSINESS ORGANISATION BHLong10/22/20080.06558730022.132322
DAYA MATERIALS BHDShort10/22/20080.2817000029.472035
PILECON ENGINEERING BHDShort10/22/20080.05540020032.072728
PJBUMI BHDShort10/22/20080.37594160021.542027
SUPERMAX CORPORATION BHDShort10/22/20080.98511750020.272732

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