Klinger Volume Oscillator

The Klinger Volume Oscillator (KVO, also named Klinger Oscillator) was developed by Stephen J. Klinger . Learning from prior research on volume by such well-known technicians as Joseph Granville, Larry Williams , and Marc Chaikin, Mr. Klinger set out to develop a volume-based indicator to help in both short- and long-term analysis.

Be the first to review this product

Manufacturer: nt8indicators

SKU: KVO

Vendor: nt8Indicators

$9.90

Qty:

The KVO was developed with two seemingly opposite goals in mind: to be sensitive enough to signal short-term tops and bottoms, yet accurate enough to reflect the long-term flow of money into and out of a security.
The KVO is based on the following tenets:
Price range (i.e. High - Low) is a measure of movement and volume is the force behind the movement. The sum of High + Low + Close defines a trend. Accumulation occurs when actual sum is greater than the previous. Conversely, distribution occurs when actual sum is less than the previous. When the sums are equal, the existing trend is maintained.
Volume produces continuous changes in price reflecting buying and selling pressure.
The KVO quantifies the difference between the number of shares being accumulated and distributed as "volume force". A strong, rising volume force should accompany an uptrend and then gradually contract over time during the latter stages of the uptrend and the early stages of the following downtrend. This should be followed by a rising volume force reflecting some accumulation before a bottom develops.

This indicator does have volume components in the calculations but is not a typical volume indicator. That being said, we’re classifying this as a confirmation indicator

Product tags

Customers who bought this item also bought

Klinger Volume Oscillator User Manual

This is the User Manual for the Klinger Volume Oscillator indicator.

$0.00

Momentum Bars

Momentum Bars offers a different way to visualize momentum - and uses some simple TA concepts to provide a different perspective into how we read momentum changes and incorporate that in our trading. The idea here (and the script itself) is really super simple, and is inspired by Elder's Impulse System ( EIS ) - then evolved to leverage some other concepts, and to become less cluttering and "easier to read".

$9.90

Sheriff's HiLo

Hopefully, nobody shoot the Sherif here. This confirmation indicator was released recently in the Metatrader ecosystem, and I thought it would be intereting to develop it for the NinjaTrader Paltform. This indicator has 3 main advantages: - it is a very broad signals for long trend moves (short or long). - it is a simple color based identification. - it has only two settings for quick(er) testing. The default settings for this indicator returned very interesting results. nut tweaking the settings sometimes give spectacular, sometimes ordinary results.

$9.90

Dorsey Inertia

Developed by Donald Dorsey, the Inertia Indicator is an extension of Dorseys Relative Volatility Index and is used to define the long-term trend and how far it has extended. Its name refers to the physics term and its reference to direction and mass of motion. Dorsey states that a trend is simply the “outward result of inertia” and as such, the market will require much more energy to reverse its direction than to extend the ongoing move.

$9.90