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, January 18, 2010

Scan 18 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KULIM (M) BHDLong1/18/20107.4611610027.843431
MINPLY HOLDINGS (M) BHDShort1/18/20100.255153140031.582932

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