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Klinger Oscillator Indicator

A volume based indicator developed by Stephen J. Klinger.  The indicator uses volume to attempt to measure the flow of money in or out of a security.  To interpret the KO, look for divergence with the price to signal the coming end of a trend, or to indicate that rising/falling prices are not forming a new trend.  A buy signal may be indicated when the oscillator value rises from below zero to cross above the trigger line.  A sell signal may be indicated when the oscillator value falls from its high and crosses below the trigger line.

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Klinger Oscillator Developer Help