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, June 18, 2011

Scan 17 Jun 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GSB GROUP BHDLong6/17/20110.105298740023.563125
YTL POWER INTERNATIONAL BHDLong6/17/20112.21174760020.922018
PPB GROUP BHDShort6/17/201116.82137730023.041831
SDKM FIBRES WIRES & CABLES BHDShort6/17/20110.92597760021.681921
SIN CHEW MEDIA CORPORATION BHDShort6/17/20111.25177370022.681923

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