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Try it for a day & see for yourself. But, by all means, PLEASE DO NOT TRADE LIVE with this. Make sure you're in SIM!
You'll see !!! Appearances *CAN* be very deceiving!
After all, it's what you learn AFTER you know it all, that counts!
I have been asked a few times to work on this indicator. I have always refused, because it is an awful piece of code. Disorganized, repainting and pretending to identify cycles, which it cannot do. Yes, I also have a low opinion of this indicator.
If someone wants to identify cycles, better use one of the indicators of John Ehlers. Most of them are converted to NinjaScript and can be found in the Download section. Below is a link to the Cycles Tutorial of MESA software.