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, May 2, 2008

Scan 2 May 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMPUGATES HOLDINGS BHDLong5/2/20080.12599610032.521514
PJBUMI BHDLong5/2/20080.39517300024.813834
YGL CONVERGENCE BHDLong5/2/20080.15265300262922
ENGLOTECHS HOLDING BHDShort5/2/20080.11312710029.291937
HAP SENG PLANTATIONS HOLDINGS BShort5/2/20082.98201630023.242829
NALURI CORPORATION BHDShort5/2/20080.75174990090.51653

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