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, August 14, 2009

Scan 13 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIGISTAR CORPORATION BHDLong8/13/20090.0852280021.283323
HARN LEN CORPORATION BHDLong8/13/20090.7469940029.942524
LNG RESOURCES BHDLong8/13/20090.1612500031.752421
AKN TECHNOLOGY BHDShort8/13/20090.13573050020.382329
HAP SENG PLANTATIONS HOLDINGS BShort8/13/20092.2912050020.372630

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