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, March 2, 2009

Scan 2 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPUGATES HOLDINGS BHDShort3/2/20090.16810910031.772123
EDEN INC. BHDShort3/2/20090.3101240025.621823
KLCC PROPERTY HOLDINGS BHDShort3/2/20092.9533330020.532534
LION CORPORATION BHDShort3/2/20090.175144340023.851828
MALAYSIAN RESOURCES CORPORATIONShort3/2/20090.8151022130023.442225
NATURAL BIO RESOURCES BHDShort3/2/20090.23537730022.843031
VTI VINTAGE BHDShort3/2/20090.0910800023.751718

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