As mentioned above, the Klinger Volume Oscillator is made up of two lines and the centrelines. At default, the two lines are usually red and blue in colour. The blue ...HowtoTradewithKlingerVolumeOscillator×CloseWehopeyouenjoyreadingthispost.Doyouwanttotakeyourtradingtothenextlevel?DayTradeTheWorld™»TradingBlog»HowtoTradewithKlingerVolumeOscillatorTherearethousandsoftechnicalindicatorsinthemarket(herewelistedjustsomeofthem).Theseindicatorsareusefulbecausetheyhelptradersforecastthemovementofafinancialassetlikecurrencies,stocks,andcommodities.Theseindicatorscanberelativelysimpletocalculate.Forexample,thesimplemovingaverageiscalculatedbyjustaddingtheclosingpricesanddividingitwiththeperiods. Otherindicatorsareusuallycalculatedusingcomplexmathematicalformulas.Inthisreport,wewilllookattheKlingerVolumeOscillator(KVO).Thisisanindicatorthatisnotverypopularandonethatisrelativelydifficulttocalculate(butitdoesn’tmeanit’snotuseful).PageContentsWhatistheKlingerVolumeOscillator?Formula:HowtheKVOisCalculatedHowtoTradewiththeKlingerOscillatorReadtheKVOBuy&SellsignalCombiningKVOwithotherindicatorsTradingdivergenceswithKVOKeyTake-AwayWhatistheKlingerVolumeOscillator?TheKlingerVolumeOscillatorwascreatedbyStephenKlinger(introducedforthefirsttimeina‘StockandCommoditiesMagazine‘article,inDecember1997).Asthenamesuggests,theindicatorcombinestheconceptofvolumeandthatofoscillators,anditwasdevelopedtobebothshort-termsensitiveandlong-termaccurate.»LongVSShortSelling«Aswehavewrittenbefore,volumeisveryessentialintradingbecauseithelpsshowtheseriousnessofthemovementofafinancialasset.Forexample,asharpincreaseinpriceofacurrencythatisnotsupportedbylargevolumecanturnouttobeafalsebreakout.Whenappliedinachart,theKVOindicatorisusuallyseenastwolinesandacentreline.Formula:HowtheKVOisCalculatedTheKlingerVolumeOscillatoriscalculatedusingarelativelylongandcomplexmathematicalcalculation.Therefore,asatrader,itisnotmandatorythatyouknowhowtodothiscomputation.Instead,youshouldlearnhowtointerprettheindicatorinachart