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 7, 2009

Scan 7 Apr 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA POLY HOLDINGS BHDLong4/7/20090.15525370024.742015
AXIS INCORPORATION BHDLong4/7/20090.07751530042.163424
GSB GROUP BHDLong4/7/20090.03555010022.543221
HDM-CARLAW CORPORATION BHDLong4/7/20090.04520000023.241312
HEVEABOARD BHDShort4/7/20090.11512700024.933444

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