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

Saturday, July 12, 2008

Scan 10 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SIGNATURE INTERNATIONAL BHDLong7/10/20081.15118450037.642726
FLONIC HI-TEC BHDShort7/10/20080.05575240021.362932
LINEAR CORPORATION BHDShort7/10/20080.4542040024.152022
YTL E-SOLUTIONS BHDShort7/10/20080.43521900026.012931

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