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More-Than-Enough

Adaptive Rebound Line Bands (ARL Bands)

More-Than-Enough Updated   
Bands and Channels forecasting Relative Strength Index (RSI) supportandresitance moving_average adaptive_rebound_line bollinger_bands waves ar_line indicators
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bandsandchannels forecasting relativestrengthindex supportandresitance moving_average adaptive_rebound_line bollinger_bands waves ar_line indicators
These bands consist of 4 ARLs (See: Adaptive Rebound Line ('ARL'/AR Line)) that help accurately spot price rebounds.
It is excellent for 15 minute scalping and price-action trading.
See notes in the picture above for more details.
Note: "Top Deviation" is the deviation of the top 'ARL', "High Deviation" is for the high 'ARL', etc.
Release Notes:
Cleaner and more efficient code.
Release Notes:
Cleaner and more efficient code. Removed code that had no effect on results.
Release Notes:
Lines limit issue has been fixed. Lines can now be set to max bars that your trading plan allows.
Open-source script

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