> For the complete documentation index, see [llms.txt](https://indicators.agenatrader.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://indicators.agenatrader.com/premium-indicators/volume-addon/klingervolumeoscillator.md).

# KlingerVolumeOscillator

**The installation of the Technical Analysis Package is required in order to access this indicator.**

#### Description <a href="#description_48" id="description_48"></a>

The KlingerVolumeOscillator is a technical indicator that was developed by Stephen Klinger in order to determine long-term trends of the money flow. At the same time, the indicator is sensitive enough to also identify short-term fluctuations, thereby giving the trader the possibility to detect even short-term reversals in the market. The indicator compares the influent and effluent volume of an instrument with its price movements, and is outputted as an oscillator. A signal line (13-period moving average) is used for generating signals. Divergences in the KlingerVolumeOscillator in comparison to the price movement can also be used for entry and exit decisions. A bullish signal is formed when the KlingerVolumeOscillator start to rise while the price continues to fall; the opposite goes for a bearish signal.

#### Parameters <a href="#parameters_43" id="parameters_43"></a>

to be announced

#### Return value <a href="#return-value_48" id="return-value_48"></a>

to be announced

#### Usage <a href="#usage_49" id="usage_49"></a>

to be announced

#### Visualization <a href="#visualization_44" id="visualization_44"></a>

![KlingerVolumeOscillator](https://agenatrader.github.io/AgenaIndicator-documentation/media/KlingerVolumeOscillator.png)

#### Example <a href="#example_47" id="example_47"></a>

to be announced