The KO was developed by Stephen J. Klinger with two opposite goals in mind: 1. To be sensitive enough to signal short-term tops and bottoms 2. To be accurate enough to reflect the long-term flow of money into and out of a security. The KO is based on the following trends: Price range whether high or low, is a measure of movement and volume is the force behind … [Read more...]
Klinger Oscillator : The Concept
The Klinger oscillator was developed by Stephen J. Klinger. The sense of the Klinger Histogram is to align the Klinger Volume Oscillator reference line to zero. It was developed in assistance to short- and long-term analysis. The Klinger oscillator estimates volume-based money flow directions. There are three types of information that Klinger Oscillator deals with : The … [Read more...]