Shabba23 wrote: Fri May 22, 2026 12:29 am

Klinger Volume Oscillator (KVO) by Kvak

Hello, I dont have source for this, but I think my version is very close to Mrtools version.

Code information : I use SDI indikator template and there is also some menus ( I'm too lazy to delete them, but maybe these offers could be used. ), like pre-smooth price and filters. Also menu for prices choices ( you may use HA prices and compare it to standart settings). I am made KVO as a function, same like SDI and only replace it, rest is same.

What is the KVO indicator?

A bit of information on this relatively unknown tool. The KVO was created by Stephen J. Klinger who wanted to create a tool which answers the question “Is volume supporting the current price trend?”

It uses:

• Price's movement
• Trading volume
• The trend direction

And combines these to estimate whether buying pressure or selling pressure is stronger behind a move.

Although it looks like a trend trading indicator, it's strength is in it's ability to predict exits.

EDIT : Redownload indicator one more time, in this new version is corrected some bugs in mtf interpolation.