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, December 31, 2008

Scan 31 Dec 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HELP INTERNATIONAL CORPORATIONLong12/31/20081.0558220032.523229
METACORP BHDLong12/31/20080.49522210031.113327
TA ANN HOLDINGS BHDLong12/31/20083.631170044.273426
TALAM CORPORATION BHDLong12/31/20080.135143440026.033328
UDS CAPITAL BHDShort12/31/20080.09513800030.42732

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