Pmax Indicator for MT5

In short: PMax (Profit Maximizer) for MetaTrader 5 combines ATR with your choice of moving average to plot two bands; it signals when the bands cross, or when price crosses the red band.

When to use it

• Trend reversals: band crossovers mark changes in direction.
• Trailing stops: the ATR-based band can act as a volatility-aware stop.
• Tuning to the market: choose from eight moving average types.

How it differs

Most ATR trend tools use one fixed average. PMax lets you choose SMA, EMA, WMA, TMA, VAR, WWMA, ZLEMA or TSF, switch between two ATR calculation methods, and normalize the ATR, so the same logic can be tuned for very different instruments.

Getting started

1. Choose the Source price and Moving Average Type.
2. Set the ATR Period and ATR Multiplier.
3. Turn on band-crossing signals, price-crossing signals, or both.
4. Use the tester settings and alerts to evaluate signals.

Related: Stochastic OTT and OTTO.

Frequently asked questions

Which moving averages can PMax use?

SMA, EMA, WMA, TMA, VAR, WWMA, ZLEMA and TSF.

What signals does it give?

A signal when the red and blue bands cross, and optionally when price crosses the red band.

Is there a free demo?

Yes. You can download a free demo from the MQL5 Market and run it in the MetaTrader 5 Strategy Tester before buying.

Full product description

Settings & Parameters

• Source – source of price

• ATR Period

• Multiplier of ATR

• Moving Average Type: SMA – EMA – WMA – TMA – VAR – WWMA -ZLEMA – TSF

• Moving Average Length

• Change ATR Calculation Method: two different types of calculations

• Normalize the ATR

• Show Crossing signals: if two bands cross, send a signal

• Show price band crossing: if the red band crosses the price

• Additional Parameters:

  • Tester Settings – for backtesting & strategy optimization

  • Alert Settings – real-time alerts and notifications on every signal

What Does This Indicator Do?

The Profit Maximizer Indicator for MT5 is a powerful trend-reversal and momentum-detection tool.

 It works by combining ATR (Average True Range) and Moving Averages to dynamically track volatility and direction.

• When the red and blue bands cross, the indicator generates buy or sell signals.

• When the price crosses the red band, it signals potential entry points:

  • Buy signal – when price crosses the red band from below.

  • Sell signal – when price crosses the red band from above.

This dual-confirmation system makes it easy to:
✔ Identify trend reversals
✔ Capture breakouts early
✔ Follow market momentum on any symbol

Benefits of Using This Indicator

• Accurate Reversal Detection – highlights potential reversal and continuation zones in trending or ranging markets

• Universal Application – works seamlessly on all markets: Forex, Crypto, Stocks, Commodities, and Indices

• Boosts Confidence – clear buy/sell signals help traders improve entries and exits

• User-Friendly – designed for both intermediate and professional traders

• Versatile Tool – combine with moving averages, support & resistance, or other technical indicators for stronger trading strategies

Why Choose Profit Maximizer?

Unlike many generic tools, the Profit Maximizer Indicator for MT5 blends volatility analysis with moving average crossovers to deliver precise and timely trading signals.
It’s designed to simplify decision-making, enhance risk management, and maximize profit potential in any market condition.