The Klinger Oscillator uses a combination of high-low trading range, volume and accumulation/distribution to find trading tops and bottoms. The KO is used with a signal line which is a 13 period Exponential Moving Average of the KO.
The Klinger Oscillator was developed by Stephen J. Klinger and was first presented in his article in the Winter 1994/Spring 1995 issue of MTA Journal.
해석
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 is generated when the KO rises from below zero to cross above the trigger line. A sell signal is generated when the KO falls from its high and crosses below the trigger line.