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mkmunir3

Klinger Oscillator with signal 18 period EMA by MKMUNIR3

mkmunir3  
Oscillators
47
0
oscillator
Signal line in this modified oscillator is based on higher period EMA so that it does not give signals of buying and selling very frequently. It is able to cut off the very short period movements so that the trader has the confidence of a trend for considerable time to remain in a trade.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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