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Volume Oscillator Pro – Spike Visualizer{NJ}

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📊 **Volume Oscillator Pro – Spike Visualizer (NJ)**
An enhanced volume oscillator for scalpers, day traders, and momentum traders.
This indicator visually highlights significant volume surges to help identify real market strength.

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🔍 **Features:**
– Dynamic color changes based on volume pressure
– Warning zone starts at 70% (orange), confirmed spike at 100% (red)
– Horizontal spike line at 100% for clear reference
– Optional background color for extreme volume breakouts

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⚙️ **Recommended Use:**
– Use on **1–5 minute charts** for scalping and fast momentum entries
– Combine with **price structure or candle pattern setups**
– Spikes above 100% often indicate large player entries or exits
– Helps you distinguish real movement from market noise

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🧪 **Suggested Settings:**
– Short Length: `5`
– Long Length: `10`
– Spike Threshold: fixed at 100% (can be adjusted)

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Created by **Nasir Jebri**

Penafian

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