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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (12333)2/16/1998 6:31:00 PM
From: Warthog  Read Replies (1) of 79296
 
Doug,

Thanks for the lesson on IL/ACT. Hopefully, I can find some
monetary gain from this lesson.

I was examining other IL cases (radaf, abtx) and noticed that
during the IL violation, the high for that day extended beyond
the bollinger bands. (or beyond 3 sigma) I guess that would be
the extreme possible. I will attempt to set up a scan that would
catch daily highs beyond the bb. that might be a automatic way
to identify IL candidates.

thanks again.
collin
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