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, July 8, 2008

Scan 8 July 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAN PAC HOLDINGS BHDLong7/8/20080.09181490023.242927
GAMUDA BHDLong7/8/20082.52320030032.673330
INGRESS CORPORATION BHDLong7/8/20080.4816890022.052017
MUTIARA GOODYEAR DEVELOPMENT BHShort7/8/20080.795101620022.623245
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