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

Monday, July 19, 2010

Scan 19 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CME GROUP BHDLong7/19/20100.055378220024.694538
EQUATOR LIFE SCIENCE BHDShort7/19/20100.0415000037.82233
ZHULIAN CORPORATION BHDShort7/19/20101.9846700030.81159

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