One of the reasons I called this indicator iMAX is because it is just a bit slower than a 2 period MA, yet holds a bit of a trend. When you try to hold on to a trend longer, even it turns out to become profitable... drawdowns increase. So, to me this is about as good a compromise as I know of currently to extracting a "sweet spot" from the price action with minimal drawdown. It is also extemely simple to operate, and runs fast on the tester when incorporated in an EA. Overall, I thought it would be a great little asset to other traders for quick way of determining a reliable minimal (hopefully profitable) trend...

Simple, and useful, that is all I can defend about it. And of course any real credit goes to John Ehlers whose formula is the key to how it truly functions.