Combined Signal + Auto Day Plan + Volume

📘 TradingView Description — Combined Signal + Auto Day Plan + Volume
Strategy Overview

This strategy combines trend-following signals, daily context levels, and volume confirmation to generate high-probability intraday trading setups.
It is designed to filter noise, identify trend direction early, and avoid trades during low-quality market conditions.

🔷 1. Combined Signal Logic

The strategy merges multiple indicators to produce a single, cleaner signal:

Long Signal

Trend bias is bullish

Momentum histogram (MACD/Custom) shows upward pressure

Price crosses above the midline (WMA/EMA/etc.)

Volume supports the move

Short Signal

Trend bias is bearish

Momentum histogram shows downward pressure

Price crosses below the midline

Volume supports the move

This reduces false breakouts and ensures signals appear only during strong directional moves.

🔶 2. Auto Day Plan Levels (D-1 → D)

The script automatically reads previous day levels and displays them on today’s session:

Previous Day High (PDH)

Previous Day Low (PDL)

Previous Day Close (PDC)

Previous Day Mid / Range Zones

Optional FIB levels or custom zones

These levels act as intraday support/resistance, helping identify breakout, reversal, and retest opportunities.

Behavior:

D-1 levels are plotted from today’s open until today’s close.

Levels do not overlap into the wrong day.

Optional: extend lines to next day (D+1) for planning.

🔷 3. Volume Confirmation

To improve entry accuracy, the script checks for strength in volume:

Volume > X-period average

Volume spike detection

Relative Volume (RVOL) filter

Optional low-volume avoidance

A trade is taken only when the market shows real participation, reducing traps and sideways chop trades.

🔶 4. Entry & Exit Logic
Entry

Long Entry: Combined bull signal + volume confirmation

Short Entry: Combined bear signal + volume confirmation

Exit

Long Exit → Histogram turns down (hist < hist[1])

Short Exit → Histogram turns up (hist > hist[1])

Optional:

Auto SL at PDL/PDH

Trailing based on midline

Take profit using FIB or volatility levels

💠 5. Visuals

The chart plots:

Buy/Sell markers

D-1 support/resistance lines

Trend direction midline

Volume confirmation label

Combined signal status

Colors and styles can be customized from the input panel.

🎯 6. Purpose of the Strategy

This is a complete intraday automation tool combining:

✔ Trend
✔ Momentum
✔ Volume strength
✔ Key day levels

The goal is to provide structured, mechanical, rule-based trading — reducing emotional decisions and improving consistency.