@fuarkz, It's a regression indicator, but I mostly use it as a visual reference because I trade using a tablet/phone most of the time. I never go long if that indicator is below 0.000 on M1...vice versa for short. In fact, if you plan on holding for a bit, a cross of 0.0000 on M5 is generally a pretty good entry signal. Using a longer period setting so that indicator basically gives me a longer term trend direction....filtering out noise in the process.