The Glitch Index is an interesting one, expecially now that it's upgraded with all "Averages", it can now take advantage of the ADXVMA (thanks Mrtools)
As explained by Mladen, and outlined in the February 2004, Active Trader magazine (attached below), it was inspired by the more successful stock systems that have appeared in the Trading System Lab.
Please have a read of the PDF attached, in particular Page 28.