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, February 26, 2009

Scan 26 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
VITROX CORPORATION BHDLong2/26/20090.615940067.73421
BOON KOON GROUP BHDShort2/26/20090.10551100042.772532
HUBLINE BHDShort2/26/20090.264420020.362127
PUBLIC BANK BHDShort2/26/20098.65463810037.421734
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