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, March 11, 2009

Scan 11 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AIRASIA BHDLong3/11/20090.94341640025.112823
YI-LAI BHDLong3/11/20090.5221450025.922625
LAND & GENERAL BHDShort3/11/20090.155131310030.962630
MINPLY HOLDINGS (M) BHDShort3/11/20090.27136730022.261516
SCOMI ENGINEERING BHDShort3/11/20090.5121250025.311931

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