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, December 25, 2009

Scan 24 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KENCANA PETROLEUM BHDLong12/24/20092.31131130020.363331
DPS RESOURCES BHDShort12/24/20090.16515480021.922730
JOHN MASTER INDUSTRIES BHDShort12/24/20090.72519305048.492141

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