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

Thursday, October 9, 2008

Scan 9 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FORMIS RESOURCES BHDLong10/9/20080.8510570044.872818
MTD INFRAPERDANA BHDLong10/9/20080.76535200025.652826
SUPERMAX CORPORATION BHDLong10/9/20081.111590031.053017
DIALOG GROUP BHDShort10/9/20080.985149450022.32027
NEXTNATION COMMUNICATION BHDShort10/9/20080.0410850022.743135

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