Originally Posted by Lou G

As you can see, this indicator has very little lag - usually only a bar. I plan to use it in conjunction with a detrending indicator to keep me out of whipsaws and some kind of support/resistance projection, probably DeMark's daily range projection to provide profit targets and potential reversal points. Then I will have a simple (only three indicators) system which will predict the future often enough to make some pips. Will it work? Dunno yet...

Not sure what you mean by "the original". If you're referring to the CodersGuru indicator, that indicator and this one are not really the same thing (though similar in intent).

I like this indicator because it seems to get the job done without being a CPU resource hog, as some "no-lag" tools seem to be.