Profitmaximizer — Indicators and Strategies

PMax on Rsi w/T3 *Strategy*Profit Maximizer Indicator on RSI with Tillson T3 Moving Average: PMax uses ATR calculation inside, for this reason users couldn't manage to use PMax on RSI because RSI indicator doesn't have High and Low values in bars, but ATR needs that values. So I personally calculate RSI in a different way to have High and Low values of RSI wrt price bars. IMPORTANT: Because of the sudden movements and divergences on RSI , this indicator must firstly optimized for the charts before using. Optimization can be held by users for the meaningful parameters for each chart. 3 parameters are critical when optimizing: First: Multiplier Second: Tillson T3 Length Third: T3 Volume Factor Says, Kıvanç Özbilgiç. Here's the strategy version for you to backtest & optimize properly. Enjoy.

Profit MAX MTF HeatMap This is a powerfull strategy which is made from combining 3 multi timeframes into one for profit max indicator In this case we have daily, weekly and montly. Our long conditions are the next ones : if we have an uptrend on all 3 at the same time, we go long. If we have a downtrend on all 3 of them at the same time we go short. For exit, for long, as soon as one of the 3 converts into downtrend we exit the trade. For exit, for short, as soon as one of the 3 converts into uptrend we exit the trade. This tool can be used on all types of markets, and can also be changed the time frames.

PMax on RSI with Tillson T3 Profit Maximizer Indicator on RSI with Tillson T3 Moving Average: PMax uses ATR calculation inside, for this reason users couldn't manage to use PMax on RSI because RSI indicator doesn't have High and Low values in bars, but ATR needs that values. So I personally calculate RSI in a different way to have High and Low values of RSI wrt price bars. IMPORTANT: Because of the sudden movements and divergences on RSI, this indicator must firstly optimized for the charts before using. Optimization can be held by users for the meaningful parameters for each chart. 3 parameters are critical when optimizing: First: Multiplier Second: Tillson T3 Length Third: T3 Volume Factor Here are some information about Profit Maximizer: PMax Indicator: PMax Screener and Strategy:

PMax Explorer STRATEGY & SCREENER Profit Maximizer - PMax Explorer STRATEGY & SCREENER screens the BUY and SELL signals (trend reversals) for 20 user defined different tickers in Tradingview charts. Simply input the name of the ticker in Tradingview that you want to screen. Terminology explanation: Confirmed Reversal: PMax reversal that happened in the last bar and cannot be repainted. Potential Reversal: PMax reversal that might happen in the current bar but can also not happen depending upon the timeframe closing price. Downtrend: Tickers that are currently in the sell zone Uptrend: Tickers that are currently in the buy zone Screener has also got a built in PMax indicator which users can confirm the reversals on graphs. Screener explores the 20 tickers in current graph's time frame and also in desired parameters of the SuperTrend indicator. Also you can optimize the parameters manually with the built in STRATEGY version. PMax indicator : Profit Maximizer - PMax is a brand new indicator developed by me. It's a combination of two trailing stop loss indicators; One is Anıl Özekşi's MOST (Moving Stop Loss) Indicator and the other one is well known ATR based SuperTrend Profit Maximizer - PMax tries to solve this problem. PMax combines the powerful sides of MOST (Moving Average Trend Changer) and SuperTrend (ATR price detection) in one indicator. Backtest and optimization results of PMax are far better when compared to its ancestors MOST and SuperTrend. It reduces the number of false signals in sideways and give more reliable trade signals. PMax is easy to determine the trend and can be used in any type of markets and instruments. It does not repaint. The first parameter in the PMax indicator set by the three parameters is the period/length of ATR. The second Parameter is the Multiplier of ATR which would be useful to set the value of distance from the built in Moving Average. I personally think the most important parameter is the Moving Average Length and type. PMax will be much sensitive to trend movements if Moving Average Length is smaller. And vice versa, will be less sensitive when it is longer. As the period increases it will become less sensitive to little trends and price actions. In this way, your choice of period, will be closely related to which of the sort of trends you are interested in. We are under the effect of the uptrend in cases where the Moving Average is above PMax; conversely under the influence of a downward trend, when the Moving Average is below PMax. Built in Moving Average type defaultly set as EMA but users can choose from 8 different Moving Average types like: SMA : Simple Moving Average EMA : Exponential Movin Average WMA : Weighted Moving Average TMA : Triangular Moving Average VAR : Variable Index Dynamic Moving Average aka VIDYA WWMA : Welles Wilder's Moving Average ZLEMA : Zero Lag Exponential Moving Average TSF : True Strength Force Tip: In sideways VAR would be a good choice You can use PMax default alarms and Buy Sell signals like: 1- BUY when Moving Average crosses above PMax SELL when Moving Average crosses under PMax 2- BUY when prices jumps over PMax line. SELL when prices go under PMax line.

Profit Maximizer PMax PMax is a brand new indicator developed by KivancOzbilgic in earlier 2020. It's a combination of two trailing stop loss indicators; One is Anıl Özekşi's MOST (Moving Stop Loss) Indicator and the other one is well known ATR based SuperTrend. Both MOST and SuperTrend Indicators are very good at trend following systems but conversely their performance is not bright in sideways market conditions like most of the other indicators. Profit Maximizer - PMax tries to solve this problem. PMax combines the powerful sides of MOST (Moving Average Trend Changer) and SuperTrend (ATR price detection) in one indicator. Backtest and optimization results of PMax are far better when compared to its ancestors MOST and SuperTrend. It reduces the number of false signals in sideways and give more reliable trade signals. PMax is easy to determine the trend and can be used in any type of markets and instruments. It does not repaint. The first parameter in the PMax indicator set by the three parameters is the period/length of ATR. The second Parameter is the Multiplier of ATR which would be useful to set the value of distance from the built in Moving Average. I personally think the most important parameter is the Moving Average Length and type. PMax will be much sensitive to trend movements if Moving Average Length is smaller. And vice versa, will be less sensitive when it is longer. As the period increases it will become less sensitive to little trends and price actions. In this way, your choice of period, will be closely related to which of the sort of trends you are interested in. We are under the effect of the uptrend in cases where the Moving Average is above PMax; conversely under the influence of a downward trend, when the Moving Average is below PMax. Built in Moving Average type defaultly set as EMA but users can choose from 8 different Moving Average types like: SMA : Simple Moving Average EMA : Exponential Movin Average WMA : Weighted Moving Average TMA : Triangular Moving Average VAR : Variable Index Dynamic Moving Average aka VIDYA WWMA : Welles Wilder's Moving Average ZLEMA : Zero Lag Exponential Moving Average TSF : True Strength Force Tip: In sideways VAR would be a good choice You can use PMax default alarms and Buy Sell signals like: 1- BUY when Moving Average crosses above PMax SELL when Moving Average crosses under PMax 2- BUY when prices jumps over PMax line. SELL when prices go under PMax line.