skyride volume spikes signalsA Volume Spike Indicator isolates market momentum by identifying a sudden surge in trading activity. It triggers a signal when the volume of the current (5th) candle is strictly greater than each of the previous four candles' volumes individually.
Directional Execution: Once the volume condition is validated, the indicator looks at the price action of that 5th candle to determine the signal's direction.
How the Logic Scales : The core rule remains the same the current candle's volume must be strictly greater than the individual volume of every candle in its preceding lookback window. The signal direction is determined entirely by whether that current candle closes green (Bullish) or red (Bearish).
🔍 Lookback Breakdown5 vs 6th: Current (6th) candle volume beats candles 1 through 5 individually.6 vs 7th: Current (7th) candle volume beats candles 1 through 6 individually.7 vs 8th: Current (8th) candle volume beats candles 1 through 7 individually.8 vs 9th: Current (9th) candle volume beats candles 1 through 8 individually.9 vs 10th: Current (10th) candle volume beats candles 1 through 9 individually.
💡 Behavioral Dynamics of Larger Windows: As you increase the required lookback from 5 candles up to 9 candles, the behavior of the indicator changes dramatically:Higher Probability: A 9-candle spike is a much rarer market event than a 5-candle spike. It indicates a significantly stronger breakout because it represents a volume surge that hasn't been seen in nearly double the time.Fewer False Signals: Expanding the lookback window acts as a natural noise filter. It automatically eliminates minor volume blips in choppy or sideways markets, saving you from entering weak trades.
Bullish Signal (Buy): Triggers when the compared candle's volume beats the previous candles AND the candle closes higher than it. This indicates aggressive buying pressure.
Bearish Signal (Sell): Triggers when the compared candle volume beats the previous candles AND the candle closes lower than it. This indicates aggressive selling pressure.
Pine Script® Indikator






















