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, April 24, 2008

Scan 24 Apr 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOMAC BHDLong4/24/20081.125870041.852018
KSL HOLDINGS BHDLong4/24/20081.03248950039.113823
MEDIA PRIMA BHDLong4/24/20082.4523070022.963325
SIME DARBY BHDLong4/24/20089.9825490032.672928
FOTRONICS CORPORATION BHDShort4/24/20080.0434100020.361718
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