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

Wednesday, May 12, 2010

Scan 12 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ECOFUTURE BHD.Long5/12/20100.0515600023.652118
OSK HOLDINGS BHDLong5/12/20101.4351150022.663230
ASIAN PAC HOLDINGS BHDShort5/12/20100.085154110029.361218
LBS BINA GROUP BHDShort5/12/20100.55534880025.13233

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