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

Friday, October 31, 2008

Scan 31 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERJAYA SPORTS TOTO BHDLong10/31/20084.38217310022.912422
JAYA TIASA HOLDINGS BHDLong10/31/20082.09154980044.052822
METROD (M) BHDLong10/31/20082.8720240022.982928
MEDA INC. BHDShort10/31/20080.08230450033.741619
MQ TECHNOLOGY BHDShort10/31/20080.0620500047.282528

No comments: