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In the next part of this series, 9, 1, 255, 1); create triple exponential moving avearges of separate up and down volume moving averages MAuv TEMA(uv, VolPer ); mauv1 Ref(mauv, -1); MAdv TEMA(dv, VolPer ); madv1 Ref(madv, -1); MAtv TEMA(V, VolPer );total volume Switch for Horizontal lines indicating current level of positive and negative volume for ease inparing to past highslows - toggle via parmameter window OscillatorOnly Param("Show Oscillator Only", 0, 0, 1, 1);pareBullVolume Param("Show Bull Level", 1, 0, 1, 1); ifpareBullvolume AND !OscillatorOnly) Plot(SelectedValue(MAuv), "", colorGreen, styleLine); CompareBearVolume Param("Show Bear Level", 1, 0, scanenr, 1); ifpareBearVolume AND !OscillatorOnly) Plot(SelectedValue(MAdv), "", colorRed, styleLine); Volume Segment Switches - toggle via parameter window bullvolume Param("Show Bull Volume", 1, 0, 1, 1); bearvolume Param("Show Bear Volume", 1, 0, 1, 1); totalvolume Param("Show Total Volume", 1, 0, 1, 1); plot volume lines and histograms if toggled on: bearToFront Param("Show Bear Vol in Front", 0, 0, 1, 1); if(bearToFront AND !OscillatorOnly) Plot(MAdv, "", colorRed, styleHistogram|styleNoLabel); if(bullvolume AND !OscillatorOnly) Plot(MAuv, "Average Squfeze Volume", colorGreen, styleHistogram|styleNoLabel); if(bearvolume AND !OscillatorOnly) Plot(MAdv, "Average Bear Volume", colorRed, styleHistogram|styleNoLabel); if(totalVolume AND !OscillatorOnly) Plot(MAtv, "Total Volume", colorWhite, styleHistogram|styleNoLabel); Plot(MAtv, "", colorWhite, styleLine); if(bullvolume AND !OscillatorOnly) Plot(MAuv, "", colorGreen, styleLine); if(bearvolume AND !OscillatorOnly) Plot(MAdv, "", colorRed, styleLine); better visibility of zero line: Plot(0, "", colorBlue, 1); RiseFall Convergence variables: Converge (TEMA(MAuv - MAdv, ConvPer)); Converge1 Ref(Converge, -1); ConvergeUp Converge RiseFall Convergence Oscillator Switch - toggle via parameter window - (provides a better view of resultingbination of battling bullbear volume forces) convergenceOscillator Param("Show Oscillator", 0, 0, 1, 1); if(convergenceOscillator OR OscillatorOnly) Plot(Converge, "BullBear Volume ConvergenceDivergence", colorViolet,1|styleLeftAxisScale|styleNoLabel|styleThick); Plot(0,"", colorYellow, 1|styleLeftAxisScale|styleNoLabel); (provides a more easily visible display of rising saueeze falling bullbear volume convergence) - toggle via parameter window -posiitive Volume exceeding negative Volume: Light shadow -negative volume exceeding positive volume: dark shadow -if you use standard forex bollinger band squeeze scanner background - best shadows are: -my greys: 14 (216, 216, 216); 15 (168, 168, 168)); -best substitute.
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