Klinger Oscillator (KO) is a forex technical indicator used in technical analysis by traders. Klinger Oscillator (KO) is named after its inventor Stephen J. Klinger and it estimates volume-based money flows directions.

Klinger Oscillator (KO) set out to develop a volume-based indicator to help in both short- and long-term analysis. This oscillator is a construct of volume and is used to determine whether it (volume) is confirming price changes.

The Klinger Oscillator (KO) is intended to show when price changes are confirmed by volume. The price is expected to follow the Klinger Oscillator if there is a divergence between the price and the indicator.

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Keltner Channel (KC) is a forex technical indicator mostly based on volatility in operating high and low range. Showing a central moving average line plus channel lines at a distance above and below.

The indicator is named after Chester W. Keltner (1909-1998) who described it in his 1960 book How To Make Money in Commodities. But this name was applied only by those who heard about it from him. The Keltner Channel is used to signal price breakouts, show trend, and give overbought and oversold readings.

Overbought is seen when the price comes closer to the upper band, whether oversold is shown by the price approaching to the lower band.

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