Klinger Volume Oscillator Pro

Grasping trends with smart money flow

Klinger Volume Oscillator Pro is an oscillator specifically developed to spot market trends through a unique combination of price action and money flow (Volume Force). This means you don't just know if the price is going up or down, but you also understand the true strength behind those movements.

The indicator calculates Volume Force based on a simple principle:

• Price increases accompanied by large volume: Strong upward momentum, money is flowing in.
• Price increases accompanied by low volume: Weak upward momentum, potentially an unsustainable rally.
• Price decreases accompanied by large volume: Strong downward momentum, selling pressure is increasing.
• Price decreases accompanied by low volume: Weak downward momentum, insignificant selling pressure.

It uses the Typical Price (which is the average of the high, low, and closing prices of each candle) combined with Volume Force to create the main signal plot. This gives you a more comprehensive view of price movements and money flow.

What makes Klinger Volume Oscillator Pro special?

More than just a standard oscillator, this Klinger volume oscillator is designed to provide an optimized trading experience with notable features:

1. 2 Flexible trading modes

We understand that every trader has their own unique style. That's why it offers 2 unique trading modes, allowing you to choose the method that best suits you:

• Plots Crossover Mode: This is a traditional mode, but greatly enhanced. Instead of simply using moving average crossovers, the indicator performs double smoothing through 2 different formulas (Smoothing and Trigger Period). This clearly reduces signal noise in the short term, providing more reliable trend signals, minimizing unnecessary shakes, and helping you focus on the bigger picture.

▪  When the fast MA line crosses above the slow MA line, it indicates an uptrend.

▪  When the fast MA line crosses below the slow MA line, it indicates a downtrend.

Thanks to the amplification by volume, you can truly observe the market's underlying momentum, whether it's strong or weak, by focusing on the MA lines:

▪  When both MA lines are sloping steeply upwards, it means the trend is increasing very rapidly.

▪  Conversely, when the MA lines show signs of slowing down, not increasing strongly, and moving sideways, it's advisable to limit new entries or consider staying out of the market altogether.

• Threshold-Based Mode: This mode is ideal for traders who appreciate the clarity of oscillators. Klinger Volume Oscillator Pro clearly divides the chart into 2 zones: a High Threshold and a Low Threshold.

▪  When the signal line enters the high threshold: This signals a strong uptrend forming.

▪  When the signal line exits the high threshold: The uptrend is weakening, and the market may be entering a consolidation or sideways phase. At this point, you should consider staying out or reducing your position.

▪  When the signal line enters the low threshold: This signals a strong downtrend forming.

▪  When the signal line exits the low threshold: The downtrend is weakening, and the market is likely to move into a sideways or distribution phase. You should exercise caution or stay out.

▪  Notably, if the signal line re-enters the thresholds after exiting, it indicates that the uptrend or downtrend is continuing or resuming with strength.

2. Main advantages

• More reliable than traditional oscillators: By applying dual smoothing and integrating Volume Force, it delivers cleaner and more trustworthy trend signals compared to conventional oscillators. This helps reduce market noise and improves the precision of your trading decisions.
• Determining trend strength: More than just indicating a trend, Klinger Volume Oscillator Pro helps you identify whether a trend is supported by strong money flow, allowing you to assess the trend's sustainability.
• Flexible for various styles: Whether you prefer crossovers or trading based on thresholds, it can accommodate, providing maximum flexibility for your trading strategy.
• Clear and intuitive interface: Designed with a visually clean layout, it allows for easy chart reading and quick signal recognition.

Klinger Volume Oscillator Pro is here to enhance your trading. Will you embrace it?

Our growing collection of best NT8 indicators gives you access to powerful tools built specifically for the NinjaTrader 8 platform.