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, February 23, 2009

Scan 23 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANN JOO RESOURCES BHDShort2/23/20091.1834360020.82931
MEDIA PRIMA BHDShort2/23/20090.9571080020.313132
MLABS SYSTEMS BHDShort2/23/20090.0915110039.341317
SUNWAY CITY BHDShort2/23/20091.5125700021.252931
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