Triple Screen System [FlexibleMAs MACD-RSI-ADX]

The TSS-FMR script is a specialized, multi-timeframe confirmation tool built for Swing, Positional Traders, and Longer Term Investors. It is engineered to filter out low-conviction noise by implementing an advanced interpretation of the Elder's Triple Screen strategy, relying on proprietary momentum, volatility, and volume analysis to isolate high-probability setups.
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#### 🧠 Core Methodology & Logic
The TSS-FMR synthesizes three distinct layers of confirmation to generate signals:
1. Macro Trend & Volatility: Determines the primary trend and overall market condition using configurable EMA+RSI metrics, the script uses Average Directional Index (ADX) as an internal component to filter out non-trending, consolidating market conditions.
2. Momentum Synchronization: A proprietary filter requiring MACD,MAs and RSI to be synchronized* within a specified bar window (`MACD/RSI Sync Window`) ensures that entries align with current short-term momentum shifts.
3. Volume & Price Action: Final entry is triggered only when the higher timeframes align and the entry timeframe (Daily or 4H) confirms the move, optionally requiring *Candle Confirmation* and filtering out low-quality trades using the *Volume Filter*
The key is the separation of input thresholds and lengths for Weekly and Daily lookbacks, allowing for precise tuning unavailable in standard public libraries.
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#### 🎯 Understanding Signal Strength & Conviction
Signals are categorized using a proprietary Strength scale (from Overbought/Oversold to 6) to help traders gauge the potential size and probability of the momentum move, This scale is dynamically influenced by the ADX volatility readings.
#### 🔍 Integrating External Visual Tools (Addressing Rule: Vendor/Chart)
The TSS-FMR generates signals based solely on its internal logic and inputs.*
We recommend overlaying the TSS-FMR signals with external tools (such as the Lux Algo SmartMoneyConcepts indicator or similar public S/R tools) for visual confirmation only:
*Signals (2, 3, 4) + CHOCH/BOS:* A signal with lower internal strength (2-4) gains stronger conviction if it aligns precisely with a CHOCH or BOS event visually identified by the external tool. This confirms that the market structure is validating the script's momentum reading.
Zone Confirmation: When signals land precisely within visually defined Liquidity or Accumulation/Distribution Zones (provided by external visual tools), it adds significant conviction to the TSS-FMR's output.
The *Overbought/Oversold regions* are decided based on the script's internal strength calculation and prevailing price action.
#### Summary:
--- This script is for Swing, Positional Traders and Longer Term Investors
--- It will only work with Monthly,Weekly, Daily and 4H chart to help you make confirmation based positions.
--- Sell Signals are Overbought Exits and Short sell signals, Plan according to Weekly Signals and Daily signals
--- Use the Momentum Table/matrix at the right top of the chart when TSS indicator is active.
--- Use Volume Filter enable to remove chaos of signals
--- Keep *Lux Algo -SmartMoneyConcepts* indicator active for visual of zones
--- Adjust Volume Filter in Settings to avoid crowding of signals
--- Adjust Input signal length to select number of history bars
--- Watch-out for Weekly 100ema Line and [Buy/sell signals, strengths]
--- Watch-out for Sell Signals, in discount region they are marked as Buy oversold or moderate, vise versa Sell Overbought signals are added to the charts.
--- To earn money, we need to look out for early signals, fake breakouts, breakdowns and what we want the table/matrix turning all green or red in Momentum trades.
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#### House Rule Compliance Statement
This script description is provided strictly for technical clarity. It is free from all promotional content, external links, contact information, social media references, and solicitations, as per TradingView's General House Rule #2. The justification for its closed-source nature is based on its proprietary signal synchronization logic and flexible, multi-timeframe implementation.
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Instrukcje autora
Wyłączenie odpowiedzialności
Skrypt tylko na zaproszenie
Dostęp do tego skryptu mają wyłącznie użytkownicy zatwierdzeni przez autora. Aby z niego korzystać, należy poprosić o zgodę i ją uzyskać. Zgoda jest zazwyczaj udzielana po dokonaniu płatności. Więcej informacji można znaleźć w instrukcjach autora poniżej lub kontaktując się bezpośrednio z shreyasborse3.
TradingView NIE zaleca płacenia za skrypt ani korzystania z niego, jeśli nie ma pełnego zaufania do jego autora i nie rozumie się zasad jego działania. Można również znaleźć darmowe, otwartoźródłowe alternatywy w skryptach społeczności.