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

Friday, May 8, 2009

Scan 8 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE INFORMATION MARKETING BLong5/8/20090.1383820045.534721
MINPLY HOLDINGS (M) BHDLong5/8/20090.255162330024.462719
PORTRADE DOTCOM BHDLong5/8/20090.134000034.973230
TAMCO CORPORATE HOLDINGS BHDLong5/8/20090.075357230024.413127
MALAYSIAN BULK CARRIERS BHDShort5/8/20093.16251540025.642931
STAR PUBLICATIONS (M) BHDShort5/8/20093.14153240020.163031

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