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, October 7, 2008

Scan 7 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIGI.COM BHDLong10/7/200823.1173700025.62523
SALCON BHDLong10/7/20080.475457540027.053818
AEON CO. (M) BHDShort10/7/20084.119060027.13644
BORNEO AQUA HARVEST BHDShort10/7/20080.4636800031.421524
FRASER & NEAVE HOLDINGS BHDShort10/7/2008912830020.153235
HAI-O ENTERPRISE BHDShort10/7/20083.4214760032.462425
IRIS CORPORATION BHDShort10/7/20080.11160400043.122021
KRETAM HOLDINGS BHDShort10/7/20080.9316400024.72122

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