What I really like about this indicator is that it is truly simple in code and performance but yields strong results.
It is also a great indicator for learner coders to look into to help them learn and develope their own great oscillators
As explained by Mladen:
The indicator was created as an experiment. The experiment was how simple one oscillator can get and still be usable. And it turned out that it is enough to sum prices in a certain way to produce an oscillator.
All in all, it takes one line of code to produce an oscillator that is fairly good for showing trends.
You can use the changes of the slope for short term trend assessment or zero crosses longer term trend assessment.
