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

Wednesday, July 7, 2010

Scan 7 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAN PAC HOLDINGS BHDLong7/7/20100.08117450040.811512
ASIATIC DEVELOPMENT BHDLong7/7/20106.6628880020.93323
MALAYAN UNITED INDUSTRIES BHDLong7/7/20100.1631200025.592117
LBI CAPITAL BHDShort7/7/20100.71530180031.881416
NOVA MSC BHDShort7/7/20100.0614000033.072427
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