What is a Klinger oscillator?

What Is the Klinger Oscillator? The Klinger oscillator was developed by Stephen Klinger to determine the long-term trend of money flow while remaining sensitive enough to detect short-term fluctuations. The indicator compares the volume flowing through securities with the security's price movements and then converts the result into an oscillator.

When should you sell or short-sell a Klinger oscillator?

When an asset is in an overall downtrend, traders could sell or short-sell when the Klinger oscillator moves below the signal line from above. Klinger noted this was especially noteworthy when the indicator had seen an uncharacteristic spike above zero.

How do traders use the oscillator?

Traders will use tools such as trendlines, moving averages, and other indicators to confirm trade signals. In addition, traders may use the oscillator in conjunction with chart patterns, such as price channels or triangles, as a way to confirm a breakout or breakdown.

What is Klinger volume indicator?

Klinger volume indicator is a volume-based oscillator that relies on the volume force. It takes into consideration factors like high, low, close, and volume to generate the volume force. The indicator consists of two lines and a zero-line to provide signals.