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

Monday, January 12, 2009

Scan 12 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ECOFIRST CONSOLIDATED BHDLong1/12/20090.14514700028.961110
TAMCO CORPORATE HOLDINGS BHDLong1/12/20090.34364080030.044517
THREE-A RESOURCES BHDLong1/12/20090.3536660021.373029

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