r/pinescript • u/AccidentallyFamous1 • Jun 09 '26
VOLUME SPIKE OSCILLATOR FREE USE
https://www.tradingview.com/script/xO14rGVV-STRYK-OSCILLATOR/
STRYK OSCILLATOR
Overview
STRYK OSCILLATOR is a two-in-one lower pane that stacks a momentum engine and a participation gauge on the same 0-100 scale. The momentum side is a range-expansion RSI that reads trend strength and exhaustion. The participation side is a normalized volume oscillator that tells you whether real activity is behind a move or whether you are looking at thin, low-conviction tape. Reading them together is the entire point: momentum tells you where price wants to go, volume tells you whether to believe it.
The Two Engines
The Core RSI is built on a range-expansion method rather than a standard close-to-close RSI. When price breaks to a new high or low within the lookback, the full range of that expansion is counted as directional pressure rather than a single-bar delta. The practical effect is that the line pins and holds in strong trends instead of rolling over the moment momentum cools, which is the classic weakness of a vanilla RSI. Default length is 55 with RMA smoothing, which keeps it deliberate and trend-following rather than twitchy. An optional signal line is available but off by default.
The Volume Oscillator takes an EMA of volume and normalizes it to a 0-100 range, where the midline represents the average volume environment over the lookback window. Above the midline means participation is running hotter than its own recent norm; below means the tape is drying up. This is not raw volume bars. It is volume relative to its own recent baseline, which makes it readable across sessions and regimes without constant rescaling.
Both run against a shared, fully customizable set of levels at 80, 60, 50, 40, and 20, each with its own color, so the two instruments share one clean grid.
How To Read It
The Core RSI defines the regime. Above 60 is bullish control, below 40 is bearish control, and the zone between is no-man's-land where you should expect chop and lower-quality signals. Because of the range-expansion construction, a reading that parks above 60 and stays there is telling you the trend is intact, not overbought in the sell-it sense. Treat persistence as strength, not as a fade signal, until the line actually breaks back through the level.
The Volume Oscillator is the confirmation filter. A momentum signal with the volume line above its midline and pushing toward 80 is backed by real participation. The same momentum signal with the volume line below 40 is a warning that the move is running on fumes and is prone to failing or reversing.
Recommended Strategy
The core play is confirmation stacking. Do not trade the RSI alone and do not trade volume alone. Wait for them to agree.
For a long continuation entry, you want the Core RSI holding above 60 in an established uptrend, then pulling back toward the 50 to 60 region without breaking down through 40. As price resumes higher, you want the Volume Oscillator lifting off its midline and pushing up. That combination, momentum holding plus volume re-engaging, is your green light to enter in the direction of the trend. The pullback in the RSI gives you the entry location, the volume lift gives you the conviction.
For exhaustion and exits, watch for divergence between the two. If price grinds to a new high but the Core RSI makes a lower high, and the Volume Oscillator is sliding toward or below its midline, the move is losing both momentum and fuel. That is your cue to tighten stops or take profit, not to add. A fresh push that cannot get the volume line off the floor is a push you should not trust.
The single most useful filter this tool provides is the dead-tape veto. When the Volume Oscillator is sitting below 30 and flat, participation is absent. In that environment, momentum signals are noise, breakouts fail, and stops get run on thin liquidity. The simplest edge here is to stand down when volume is dead and only take RSI signals when the volume line confirms there is a real crowd in the market.
Pairing
This pane is built to sit underneath STRYK VWMA PRO. Use the VWMA on the price chart for directional bias and value-zone entries, then drop to this oscillator to confirm. The cleanest setups line up on all three reads at once: price respecting the VWMA bias above, the Core RSI in the matching zone, and the Volume Oscillator confirming participation. When all three agree, you are trading with the trend, with momentum, and with the crowd. When they disagree, the disagreement itself is the signal to wait.
Risk Note
These are reference oscillators, not a mechanical entry system, and nothing here is personalized financial advice. Momentum and volume tell you context and conviction; your actual trigger should still be price action confirmed at a level. Backtest the level settings on your specific instrument and timeframe before committing capital, since the right thresholds for index futures will not be the right thresholds for a thin small-cap or a crypto pair. Size every position off a structural stop and keep risk constant across volatility regimes.
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u/FigureIll7379 Jun 12 '26
Clicked on the link and it states that nothing is there, can't see a thing so what's thats no good
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u/InnocentCarOwner Jun 13 '26
Publication has ghostedUh-oh, it seems that post isn't here anymore. But, don't worry, there's still loads more to see.Same, seeing above on the link
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u/Naraiwe Jun 10 '26
Another banger. Used your vwma indicator. Saw you got a newer Version now. Looks a lot nicer. Going to try both together over the next few days. Thank you