RSI + KVO TriggerRSI + KVO Trigger is a momentum‑and‑volume indicator that combines a standard RSI with the Klinger Volume Oscillator’s trigger line in the same pane. It helps you see whether price momentum (RSI) and volume‑based money flow (KVO) are confirming each other or starting to diverge, using the same central 50/0 line for quick visual decisions.
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What the indicator shows.
In this script, the RSI 50 line is also the KVO “zero” line, so when:
RSI is above 50, price momentum is bullish.
KVO trigger is above that same line, volume/money flow is bullish.
Either one dipping below the line shows weakening in that dimension.
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Using it for entries.
You can think of the RSI as your main trend/momentum filter and the KVO trigger as confirmation (or a warning) from volume. Typical entry ideas:
Long setups:
RSI above 50 and rising, showing bullish momentum.
KVO trigger also above the midline or crossing up toward/through it, showing volume backing the move.
Extra aggressive: buy on pullbacks where RSI stays above 50 while KVO trigger turns back up above the line after a dip.
Short setups:
RSI below 50 and falling, showing bearish momentum.
KVO trigger below the midline or crossing down through it, showing selling pressure dominating.
Extra aggressive: short on bounces where RSI stays below 50 and KVO trigger rolls back down from near the midline.
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Using it for exits and trade management.
You can also use the combination to manage open trades, watching for disagreement between price, RSI, and KVO. For example:
Exiting longs:
You’re in a long while RSI is above 50 and KVO trigger is above midline.
If KVO trigger drops below the midline first while RSI is still above 50, it can be an early warning that the trend is losing volume support, so you might tighten stops or scale out.
If RSI then also breaks below 50, that’s stronger confirmation to close the position or be very defensive.
Exiting shorts:
You’re in a short while RSI is below 50 and KVO trigger is below midline.
If KVO trigger pops above the midline ahead of RSI, it can signal selling pressure is fading; consider reducing size or tightening your stop.
A later RSI cross back above 50 can be your hard exit rule.
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Divergences and “late‑trend” signals.
Because both lines share the same center level, it’s easy to spot situations where price is still trending but one of the components is lagging:
Bullish risk signal:
Price pushes higher, RSI stays above 50, but KVO trigger spends more time below the midline or fails to follow price higher.
This suggests a maturing/uptrend with weaker participation, making new longs riskier and encouraging partial profit‑taking or tighter stops.
Bearish risk signal:
Price makes lower lows, RSI stays below 50, but KVO trigger keeps drifting above the midline.
That can hint at hidden accumulation, where you might be more cautious with new shorts and watch for a trend reversal.
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Used this way, the indicator is not a standalone “buy/sell arrow,” but a structured way to demand agreement between momentum (RSI) and volume (KVO trigger) for entries, and to notice early when that agreement starts to break down for exits or risk management.
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