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, December 4, 2008

Scan 4 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONG LEONG FINANCIAL GROUP BHDLong12/4/20083.9221070024.922827
MALAYSIAN AE MODELS HOLDINGS BHLong12/4/20080.9715820024.032120
ENGLOTECHS HOLDING BHDShort12/4/20080.04283800042.952533
SP SETIA BHDShort12/4/20082.85681430022.852223

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