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Date/Time: Thu, 25 Apr 2024 19:21:13 +0000



Post From: Klinger volume oscillator

[2015-07-13 04:08:12]
bjohnson777 (Brett Johnson) - Posts: 284
Shane:

Consider yourself lucky that I've been studying volume based indicators the past few weeks and found KVO interesting.

On the flip side, this has been the most PITA project I've ever done... or at least close to it... Why?

Everyone has the implementation wrong.

Most web sites have the wrong formula and multiple versions of the wrong implementation.

Even the few web sites that have the right formula have the wrong code several lines down.

The code you posted is also wrong and probably won't run. The Scaling Factor is definitely wrong. There's nothing "easy" about EasyLanguage. It's nothing but a big mess that's hard to decode with missing pieces. It's also why I don't do mickey mouse class languages. I don't blame you for that, though. I'm just frustrated with all the previous problems.

It's amazing how so many people have so much trouble with a simple 20 year old algorithm. :-/

Well, now Sierra Chart has THE ONLY PROPERLY WORKING VERSION ON THE PLANET! Fully Featured and Fully Documented! Histogram Included!

Now I'm back to finishing the next indicator in my standard tool box. I've found some interesting things modifying it and will post it later this week.

Offering To The Community: Klinger Volume Oscillator With Filters