LinkedInwithBackgroundTechnicalAnalysisGuidetoTechnicalAnalysisTechnicalAnalysisBasicEducationAdvancedTechnicalAnalysisConceptsTechnicalAnalysisTechnicalAnalysisBasicEducationTableofContentsExpandWhatIstheKlingerOscillator?FormulafortheKlingerOscillatorCalculatingtheKlingerOscillatorInterpretationsforPriceDirectionKlingervs.OnBalanceVolumeKlingerOscillatorLimitationsKlingerOscillatorExampleWhatIstheKlingerOscillator?TheKlingeroscillatorwasdevelopedbyStephenKlingertodeterminethelong-termtrendofmoneyflowwhileremainingsensitiveenoughtodetectshort-termfluctuations.Theindicatorcomparesthevolumeflowingthroughsecuritieswiththesecurity'spricemovementsandthenconvertstheresultintoanoscillator.TheKlingeroscillatorshowsthedifferencebetweentwomovingaverageswhicharebasedonmorethanprice.Traderswatchfordivergenceontheindicatortosignalpotentialpricereversals.Likeotheroscillators,asignallinecanbeaddedtoprovideadditionaltradesignals.Traderswilluse toolssuchastrendlines,movingaverages,andotherindicatorstoconfirmtradesignals.Inaddition,tradersmayusetheoscillatorinconjunctionwithchartpatterns,suchaspricechannelsortriangles,asawaytoconfirmabreakoutorbreakdown.Crossoversoccurfrequently,asdodivergences,sotheindicatorisbestusedinconjunctionwiththeseothertechnicaltradingmethods.FormulafortheKlingerOscillatorKO=34 Period EMA of VF−55 Period EMA of VFwhere:KO= Klinger OscillatorVF= Volume ForceVolume Force =V×[2×((dm/cm)−1)]×T×100V= VolumeT= TrendTrend=+1 if (H+L+C)>(H−1+L−1+Cv−1)Trend=−1 if Above is < or =H= HighL= LowC= Closedm=H−Lcm=cm−1+dm if Trend = Trend−1\begin{aligned}&KO=34\text{Period}EMA\text{of}VF-55\text{PeriodEMAof}VF\\&\textbf{where:}\\&\text{KO}=\text{KlingerOscillator}\\&\text{VF}=\text{VolumeForce}\\&\text{VolumeForce}=V\times[2\times((dm/cm)-1)]\timesT\times100\\&V=\text{Volume}\\&T=\text{Trend}\\&\text{Trend}=+1\text{if}(H+L+C)>(H_{-1}+L_{-1}+Cv_{-1})\\&\text{Trend}=-1\text{ifAboveis}<\text{or}=\\&H=\text{High}\\&L=\text{Low}\\&C=\text{Close}\\&dm=H-L\\&cm=cm_{-1}+dm\text{i