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

Monday, December 1, 2008

Scan 1 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SP SETIA BHDLong12/1/20082.8207480026.582320
BOON KOON GROUP BHDShort12/1/20080.12564060022.082627
DFZ CAPITAL BHDShort12/1/20084.114320021.851620
MUHIBBAH ENGINEERING (M) BHDShort12/1/20080.9231060024.592528
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