Klinger Volume Oscillator (KVO)

Category: volume, momentum

The Klinger Volume Oscillator (KVO) measures the difference between two exponential moving averages of volume-based force to identify long-term trends of money flow while remaining sensitive to short-term fluctuations.

Formula

TP = (High + Low + Close) / 3  \nVF = Volume * sign(TP_current - TP_previous)  \nKVO = EMA(VF, Fast) - EMA(VF, Slow)  \nSignal = EMA(KVO, SignalPeriod)

Inputs

• config_param (default: 10)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.