OPEN-SOURCE SCRIPT
Adaptive Rebound Line (ARL)
Atualizado
The Adaptive Rebound Line (ARL) focuses on the rebound of price action according to the trend.
While it does not focus on showing the trend, it does help in anticipating price rebounds.
It achieves this by adapting quickly and by reducing lag.
It is recommended to use this with a trend-identifying indicator.
It was inspired by the Hull Moving Average and the KAMA.
Additional indicator show in the chart is Tide Finder Plus.
While it does not focus on showing the trend, it does help in anticipating price rebounds.
It achieves this by adapting quickly and by reducing lag.
It is recommended to use this with a trend-identifying indicator.
It was inspired by the Hull Moving Average and the KAMA.
Additional indicator show in the chart is Tide Finder Plus.
Notas de Lançamento
The Adaptive Rebound Line (ARL) focuses on the rebound of price action according to the trend.While it does not focus on showing the trend, it does help in anticipating price rebounds.
It achieves this by adapting quickly and by reducing lag.
It is recommended to use this with a trend-identifying indicator.
It was inspired by the ALMA and the KAMA .
Additional indicator show in the chart is Tide Finder Plus.
Update 9/10/2022: Added ability to move the line up and down with deviations
Notas de Lançamento
Minor adjustments.Notas de Lançamento
Minor adjustments to make it more user-friendly.Notas de Lançamento
Removed redundant code and adjusted for more precision.Script de código aberto
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