A protective storage tube convertible to tripod fishing rod holder having a strike indicator arm with a slidable trigger is disclosed that has multiple differing ways to establish a select fish strike tension among potential variable fish strike tensions. The protective storage tube has an elongated tubular body which provides an internal hollowed area capable of receiving a fishing rod therein during storage or transport of the protective storage tube. A slidable ring surrounds an external surface of the tubular body and has several externally facing notches and a lock cavity for an elastic cord. Two notches pivotally house an end of a pair of legs which when extended forms a tripod stand with the tubular body. A third ring notch houses a proximal end of a strike indicator arm. The strike indicator arm has slidable trigger that includes an upwardly extending finger hook for releasable engagement with one of a plurality of fishing line guide eyelets of a fishing rod. The engagement structure achieves in multiple ways an adjustable and select strike tension among potential variable strike tensions that when released provides a variable snap up of the tripod held fishing rod so as to promote increased instances of a fish lure or bait hook cleanly catching a striking fish. Also, an elastic cord can be wrapped set to either a rear or proximal portion of a tripod held fishing rod handle, the rear wrap setting providing a supplemental strike tension.
