Content Slider
Example 1
This is the default image slider set to show only images as slide backgrounds. If your images have different height dimensions, the slider will automatically crop them to the slider height size.
Example 2
This example shows the content slider headline and text followed by a call to action button and a right aligned image. By using transparent PNG files for the image block you can create interesting charts and graphics for your slide.
Example 3
The slider module has powerful options for adding photo, video and text content to individual slides. In this example, we've included a video in one slide and an image in another, all centrally stacked, with text descriptions over the top.
If you add media with different height dimensions, the slider will adjust it's height accordingly.
Your slides are all growing and shrinking, making your page move up and down on mobile devices. The content slider doesn’t appear to be mobile friendly out of the box.
It seems to explain more about static overlaying than about sliders.