Timeframe M1 · unit norm
The Klinger Oscillator separates money flow into buying and selling volume streams using the bar's trend (rising or falling HLC3), range, and accumulated direction changes. It then differences a fast (34-period) and slow (55-period) EMA of the resulting Volume Force.
A positive oscillator means the fast EMA of volume force is above the slow EMA - short-term buying flow exceeds the longer-term trend. Negative values mean the reverse. Signal-line crossovers (zero-line) are the primary inflection points.
Klinger tries to answer: is the money flowing in right now more or less than its recent average? Think of it as the 'MACD of volume flows' - when the fast line crosses above the slow line, buying volume momentum is accelerating.
Janira computes Klinger Oscillator (normalized) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.