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, August 12, 2009

Scan 12 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIGISTAR CORPORATION BHDShort8/12/20090.06550000021.552429
MEASAT GLOBAL BHDShort8/12/20091.96178250026.652021
RESORTS WORLD BHDShort8/12/20092.791361360032.861920
TRICUBES BHDShort8/12/20090.113110021.022021
YTL POWER INTERNATIONAL BHDShort8/12/20092.15598440021.521315

No comments: