This oscillator is composed of one histogram and one line, paired with the two overbought and the two oversold levels.
The histogram is a trend-based algorithm that allows the user to read the market bias with multiple trend lengths combined.
The line is a momentum-based formula that allows traders to identify potential reversal and the speed of the price.

This tool can be used to:
- Identify the current trend direction
- Identify the momentum of the price
- Identify oversold and overbought levels