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 9, 2009

Scan 9 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MMC CORPORATION BHDLong1/9/20091.19206460048.12625
UMW HOLDINGS BHDLong1/9/20095.4553280022.372620
DPS RESOURCES BHDShort1/9/20090.1224280023.712324
LIEN HOE CORPORATION BHDShort1/9/20090.11545500023.252233
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