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

Wednesday, May 21, 2008

Scan 21 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EXCEL FORCE MSC BHDLong5/21/20080.2925600027.622422
DIALOG GROUP BHDShort5/21/20081.52220830020.752526
METRONIC GLOBAL BHDShort5/21/20080.08516180025.452025

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