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, June 12, 2008

Scan 12 Jun 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HIL INDUSTRIES BHDLong6/12/20080.395272620038.13923
KARAMBUNAI CORP BHDLong6/12/20080.0837060034.371918
MIECO CHIPBOARD BHDLong6/12/20080.5510980024.822621
UBG BHDLong6/12/20082.3414620028.123225
DIGI.COM BHDShort6/12/200824.144040030.192930
METACORP BHDShort6/12/20080.4732010047.92932
UEM BUILDERS BHDShort6/12/20081.29169400026.642028
YTL E-SOLUTIONS BHDShort6/12/20080.42517670038.161720

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