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, December 19, 2008

Scan 19 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANN JOO RESOURCES BHDLong12/19/20081.2485500028.013029
ATURMAJU RESOURCES BHDLong12/19/20080.6724770020.492011
HAI-O ENTERPRISE BHDLong12/19/20083.1419450026.782523
PROGRESSIVE IMPACT CORPORATIONLong12/19/20080.475814590024.041918
PROLEXUS BHDLong12/19/20080.1223190024.971513

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