The prevalence of knee osteoarthritis (KOA) cases has witnessed a significant increase on a global scale in recent years, emphasizing the need for automated diagnostic computer systems to aid in early‐stage osteoarthritis (OA) diagnosis. The accurate characterization of knee KOA stages through feature extraction poses significant research challenges due to the complexity of identifying relevant attributes. In this study, the development of a KOA diagnostic system is presented, leveraging a combination of Gabor, and Tamura parameters using the Canonical Correlation Analysis algorithm. Two feature selection algorithms, namely Principal Component Analysis and Relief, were employed for KOA classification. Furthermore, various classifiers, including K‐Nearest Neighbors, AdaBoost, Bagging, and Random Forest, were used to assess the proposed feature extraction approach. The diagnostic system was assessed using a dataset comprising 688 x‐ray images sourced from the OA initiative (OAI) dataset, consisting of 344 images from healthy subjects (Grade 0) and 344 images from pathological patients (Grade 2). To mitigate overfitting, a 10‐fold cross‐validation method was utilized. The experimental results indicate that the combination of Tamura and Gabor parameters with the Random Forest classifier achieved remarkable performance in KOA diagnosis, yielding an accuracy of 94.59%, and an area under the curve of 98.3%. Notably, the combined Gabor and Tamura models exhibited superior performance compared to individual models, as well as existing techniques reported in the literature.