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, December 23, 2009

Scan 23 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GSB GROUP BHDLong12/23/20090.0516100089.485443
SP SETIA BHDLong12/23/20093.6891260029.822620
SYMPHONY HOUSE BHDLong12/23/20090.23513850024.232623
LAFARGE MALAYAN CEMENT BHDShort12/23/20096.1336200020.982829
PBA HOLDINGS BHDShort12/23/20090.8525250026.523132

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