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

Thursday, October 22, 2009

Scan 21 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OCTAGON CONSOLIDATED BHDLong10/21/20090.39228690023.82817
HO WAH GENTING BHDShort10/21/20090.2244640026.682329
RUBBEREX CORPORATION (M) BHDShort10/21/20091.7948550020.82124

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