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, January 23, 2009

Scan 23 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ETI TECH CORPORATION BHDLong1/23/20092.1163630026.432218
LIEN HOE CORPORATION BHDLong1/23/20090.1312000030.182625
MMC CORPORATION BHDLong1/23/20091.2339560026.722522
SP SETIA BHDShort1/23/20093.3210800027.712527

1 comment:

Phil said...

Wishing You and your readers Happiness, Good Fortune And Prosperity...

GONG XI FA CAI


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