Klinger volume osc

What does Klinger volume osc measure?

A long-term money-flow oscillator. It tries to separate the volume that is actually driving the trend from the volume that is just noise.

How is Klinger volume osc calculated?

For each candle, decide whether the trend is up or down from the high-low-close total, build a running measure of the trend's cumulative range, and turn the candle's volume into a signed force from those. Then subtract a 55-candle exponential average of that force from a 34-candle one. `signal` averages the result over a further 13 candles.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Klinger volume osc in a bot?

In the builder, add an indicator of type kvo (parameters: fast, default 34; slow, default 55; signal, default 13). Its output series — line, signal — become operands you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

• Money flow indexRSI with volume folded in — a 0-100 meter for money flowing in versus out.
• Negative volume indexA line that only moves on QUIETER days — the days the old textbooks credit to well-informed money rather than the crowd.
• On-balance volumeA running tally of volume with a sign attached.
• Positive volume indexA line that only moves on BUSIER days — the days traditionally credited to the crowd rather than to well-informed money.

Or browse all 158 indicators in the full library.