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

Wednesday, January 7, 2009

Scan 7 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IRM GROUP BHDLong1/7/20090.2511680031.473330
WTK HOLDINGS BHDLong1/7/20090.805110320046.482827
NEPLINE BHDShort1/7/20090.035389390038.512331

No comments: