Klinger Oscillator – FX Replay Guide

The Klinger Oscillator is a volume-based indicator on FX Replay that helps you spot trend reversals and confirm momentum by analyzing the force behind price movements.

What It Does

The Klinger Oscillator measures "volume force" using two EMAs:

• 55 EMA (longer-term).
• 34 EMA (shorter-term).

It also includes a 13 EMA signal line for precise trade entries. The oscillator oscillates around a zero line:

• Above 0: Buying pressure.
• Below 0: Selling pressure.

How to Use in FX Replay

1. Trade Entry Signals

• Buy Signal:
  • Oscillator crosses above the 13-EMA signal line, ideally from a deeply negative zone.
• Sell Signal:
  • Oscillator crosses below the signal line from a high point, signaling a shift to bearish pressure.
• Zero Line Crosses:
  • Cross above 0: Trend strengthening upward.
  • Cross below 0: Bearish strength growing.

2. Confirm Reversals

• Combine with price structure, Fair Value Gaps, or other confluence in FX Replay.
• Watch for divergence (e.g., price makes higher highs while the oscillator falls).

3. Volume Matters

• Klinger works best when volume is active—use it to gauge who’s in control (buyers vs. sellers).
• Especially useful on swing setups or larger timeframes.