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 22, 2008

Scan 22 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DNP HOLDINGS BHDLong12/22/20080.7228040021.773530
PUBLIC BANK BHDLong12/22/20088.7138740038.753122
TH PLANTATIONS BHDLong12/22/20082.2413950036.364135
LCL CORPORATION BHDShort12/22/20080.73115590023.012428
OGAWA WORLD BHDShort12/22/20080.18514630039.611520

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