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, November 13, 2008

Scan 13 Nov 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
RIMBUNAN SAWIT BHDLong11/13/20081.0821200029.722927
SUMATEC RESOURCES BHDLong11/13/20080.2812000020.792422
TRC SYNERGY BHDLong11/13/20081.0910890020.672414
TRADEWINDS PLANTATION BHDShort11/13/20081.621160033.583334
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