SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Money Mood who wrote (8755)12/4/1997 2:14:00 AM
From: Doug R  Read Replies (1) | Respond to of 79298
 
Viktor,

IL stands for Impossible Line. It is a line derived from a stock's chart that defines when the supply/demand dynamic reaches a level of irrational exuberance and is used as a short to intermediate term trading tool. It is a proprietary method so I will not define the parameters of its construction in public.

Doug R