💡 TSS-FMR Indicator: How to Use & Settings Guide
A detailed breakdown of the Triple Screen System (TSS-FMR) inputs for optimal setup.
🛠️ Recommended Setup & Usage
The TSS-FMR is specifically designed for Swing and Positional Trading. It filters signals using confirmation across higher timeframes (the "Triple Screen").
- Recommended Timeframes: The indicator works best on 4H, Daily, Weekly, and Monthly charts. Avoid using it for scalping or very short-term day trading.
- Confirmation is Key: Always wait for the indicator to confirm alignment between the longer (Weekly) and shorter (Daily/4H) components before taking a position.
- Exit Strategy: Sell Signals should generally be viewed as potential Overbought Exits or signals for initiating a short position, based on your broader trading plan.
⚙️ Detailed Input Settings Explained
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RSI Length and EMA Length
Sets the calculation period for the base Relative Strength Index (RSI) and the Exponential Moving Average (EMA) used in the core strategy logic.
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Weekly Buy Threshold (57) and Weekly Sell Threshold (39)
These define the specific RSI overbought/oversold levels used to trigger high-conviction signals on the Weekly component of the Triple Screen. Adjusting these changes the sensitivity of your long-term confirmation.
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Daily Buy Threshold (57) and Daily Sell Threshold (39)
These define the RSI levels used to trigger signals on the Daily component. For positional consistency, these are often kept in sync with the Weekly thresholds.
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Show Table or Show Buy/Sell Signals?
Use these checkboxes to toggle the visibility of the crucial Momentum Matrix (top right) and the on-chart Buy/Sell arrow signals.
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RSI Period and Weekly RSI Pullback Level
Allows for separate, fine-tuning of the RSI used for shorter-term signals and defines the level for confirming weekly momentum continuation after a pullback.
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MACD/RSI Sync Window (bars)
This is a critical confirmation filter. It specifies the maximum number of bars within which the MACD and RSI must be synchronized (agreeing on direction) to plot a validated, powerful entry signal.
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Require Candle Confirmation?
Adds an extra layer of safety. When checked, the indicator ensures that the current price action confirms the indicator signal before plotting the final entry arrow, filtering out weaker signals.
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Enable Volume Filter? / Min Volume Ratio
Activate this feature to filter out low-volume, chaotic signals. Only signals that meet the `Min Volume Ratio` threshold (e.g., 0.6) compared to recent average volume will be allowed to appear. Highly recommended for cleaner charts.