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, June 16, 2008

Scan 16 Jun 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
YTL E-SOLUTIONS BHDLong6/16/20080.4430090034.642516
KARAMBUNAI CORP BHDShort6/16/20080.0894180031.021521

No comments: