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

Friday, March 14, 2008

Scan 14 Mar 08

ADX Scan based on closing price on 14 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
5012Long3/14/20086.813650031.133028
5063Long3/14/20081.0810710022.563222
9725Long3/14/20080.4535600021.561716
0091Short3/14/20080.5712650033.442631
7331Short3/14/20081.0520750023.62330

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