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, January 16, 2009

Scan 16 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KNM GROUP BHDLong1/16/20090.4652514160027.822524
SHELL REFINING CO (F.O.M.) BHDLong1/16/20098.5511140029.433425
YTL POWER INTERNATIONAL BHDLong1/16/20091.94291797528.112825
ALUMINIUM COMPANY OF MALAYSIA BShort1/16/20090.78520700032.373738
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