Identify Ranges And Trends With Simple Indicator - Range Indicator v1

An indicator I developed which identifies Range\Trend periods automatically and gives very nice results.

How to Interpret
Histogram is Black - Price is in Ranging Period (beware)
Histogram is Green - Price is in Trend
The 'Length' parameter alters the sensitivity of the indicator. Greater values will make the indicator more lagging, and smaller values - more sensitive.

Demonstration of Use

Download
Click here to download.