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, April 17, 2008

Scan 17 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERTAM ALLIANCE BHDLong4/17/20080.3630020028.612524
CHASE PERDANA BHDLong4/17/20080.5810030033.994031
INCH KENNETH KAJANG RUBBER PLCLong4/17/20080.485182450037.182519
MALAYSIA PACIFIC CORP BHDLong4/17/20080.42599320026.52519
NATURAL BIO RESOURCES BHDLong4/17/20080.8211210056.344231
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