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, December 2, 2008

Scan 2 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GREEN PACKET BHDLong12/2/20080.6923370021.253029
BINTULU PORT HOLDINGS BHDShort12/2/20085.312100020.933132
COMPUGATES HOLDINGS BHDShort12/2/20080.125132610028.531213
IRIS CORPORATION BHDShort12/2/20080.0751061390021.61516
NEXTNATION COMMUNICATION BHDShort12/2/20080.0316670033.923540
TRADEWINDS CORPORATION BHDShort12/2/20080.315225960021.922324
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)