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 21, 2011

Scan 20 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IFCA MSC BHDLong7/20/20110.05579600022.322927
KNUSFORD BHDLong7/20/20111.7510020025.885630
SCAN ASSOCIATES BHDLong7/20/20110.06589490020.544024
YLI HOLDINGS BHDLong7/20/20110.36522130057.646613

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