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

Tuesday, April 21, 2009

Scan 21 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GUOCOLAND (MALAYSIA) BHDShort4/21/20090.711430044.633233
PETRONAS GAS BHDShort4/21/20099.638030025.341923
POH KONG HOLDINGS BHDShort4/21/20090.36512480022.511519
TMC LIFE SCIENCES BHDShort4/21/20090.4159870033.882324

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