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

Thursday, July 23, 2009

Scan 23 July 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GSB GROUP BHDLong7/23/20090.055108000021.92420
I-POWER BHDLong7/23/20090.1677470027.11915
INIX TECHNOLOGIES HOLDINGS BHDShort7/23/20090.05531670025.663137
LOH & LOH CORPORATION BHDShort7/23/20094.2641580020.541747

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