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, May 11, 2009

Scan 11 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CREST BUILDER HOLDINGS BHDLong5/11/20090.6285370020.563225
MALAYSIAN BULK CARRIERS BHDLong5/11/20093.16179660024.063229
PRINSIPTEK CORPORATION BHDLong5/11/20090.325135460036.412421
CAB CAKARAN CORPORATION BHDShort5/11/20090.3114380024.172325
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