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, July 14, 2012

Scan 13 Jul 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GREEN PACKET BHDLong7/13/20120.597670023.853320
TECHFAST HOLDINGS BHDLong7/13/20120.1332600027.983726
DIALOG GROUP BHDShort7/13/20122.35449000023.712326
YIKON CORPORATION BHDShort7/13/20120.1811410024.972136

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