PMax (Profit Maximizer) is a technical indicator developed in 2020 that combines two trailing stop loss indicators: Anıl Özekşi's MOST (Moving Stop Loss) and the ATR-based SuperTrend. Both MOST and SuperTrend are effective for trend-following strategies but tend to generate false signals in sideways markets. PMax addresses this limitation by integrating the strengths of MOST’s moving average trend detection and SuperTrend’s ATR price volatility measurement into a single indicator.
This combination enhances trend identification and reduces false signals during non-trending market phases. Backtesting and optimization show that PMax outperforms its component indicators in reliability and signal accuracy. It is designed for use across various markets and instruments and does not repaint, providing consistent signals for traders.