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

Tuesday, December 23, 2008

Scan 23 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OLYMPIA INDUSTRIES BHDLong12/23/20080.1839990035.791814
PELIKAN INT.CORPORATION BHDLong12/23/20081.1632020030.142420
JOTECH HOLDINGS BHDShort12/23/20080.0411510034.52230
MTD CAPITAL BHDShort12/23/20081.831140054.442842
SALCON BHDShort12/23/20080.3848420026.841519
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