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, May 5, 2009

Scan 5 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BATU KAWAN BHDLong5/5/20098.3526180022.093424
BRITISH AMERICAN TOBACCO (M) BHShort5/5/20094446220024.212327
INS BIOSCIENCE BHDShort5/5/20090.13529050020.472225
PJBUMI BHDShort5/5/20090.3594430031.272226
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