so one of you guys requested that i check out the p max indicator so quickly jumping on youtube just
seeing what the content is out there i can of course see it's the best trading strategy on
youtube so i'm gonna test it a thousand times to see if we can get that same results i just want to
put a disclaimer that everything said and made in this video take it with a grain of salt and don't
skimp out on your own back testing and all the indicators shown in this video work on all time
frames that work on all markets they don't repaint they don't win raw they are a hundred percent for
free so let's get into it so the indicators we're gonna use if you jump into the indicators tab on
trading view just type in pmax and it will be the strategy profit maximizer by pmax by martin crespo
and then jumping into the settings we can see this is actually just a super trend so we already
tested the super trend on a 10 and a three so i'm gonna put it on a 12 and a 7 to see if the results
will be any different and as we can see with the cell over there where i still get it if it tells
you to sell you sell when it tells you to buy you buy and with the moving average that is included
you can confirm your positions and you can also kind of use it as an exit as you can see where
i'm pointing those two arrows when the price moves against you will cross over that moving average
and you can kind of use it as an exit or what you can do what i usually just say is adjust
your stop loss maybe take fifty percent off your trade when this happens and then the same with the
buy when the price moves below the moving average you can adjust your stop loss and then so doing
so you are limiting your risk a little not the best way to do it but it is better than nothing
so going into the buy setups as we can see we have a buy and i'm not going to place my trade at the
beginning or the end of a signal candle but at the start of a new candle then i'm going to place
my stop-loss at the previous low then risking 1 to 1.5 with thread as you can see on the screen
that is how it's gonna look and then just another example with this buy set up here i'm gonna place
my stop loss and then i'm gonna risk one to one point five so pretty easy pretty straightforward
let us get into the cell setups same thing just vice versa now i'm gonna place my stop loss at
the previous high rescuing one to one point five spread and that's how it's gonna look like here's
another example over here pretty simple and i just wanna give a special thank you to my team
getting these results will be damn near impossible and with that said getting these results is really
hard work so if you want to help me out just comment down below traders q and that's it and
then the results are in all the information that you see on the screen is from the one to one point
five risk to reward the time frame we used was a one hour the total test done was 1 000 200 trades
on each of these pairs risking only one to two percent leverage was included spread was included
the dates are included the wins in the row we had were three and the losses we had in row were seven
the win rate for one to one point five was thirty six percent the win rate for one to one point two
was thirty nine and a win rate for one to one was forty one percent the average win rate on euro usd
was thirty four percent on the euro jab 36 on gold 38 nasdaq 37 and on bitcoin 35. so unfortunately
not even break even which is pretty unfortunate because on a lot of forms that i've read they
would recommend the pmax over the super trend even though as we saw the pmax is basically a super
trend so i'm gonna let the results do for a little while and then we're gonna continue with the video
and as we can see on the scoreboard the p-max indicator with the 12 to seven settings just
came in one percent higher than the default super trend that was on a three and a ten
and this was on a one hour on a one to one point five so when it comes to the pros and
the content and improvements it is basically just the same as with the super trend video that i did
so you haven't watched that yet i will link it down in the comments the pros here was it is it
has a slightly better win rate than default super trend which is not saying much because it didn't
even break that forty percent more number two is at least this indicator is flexible enough
for you to play around with it and fit it into a system that you want cons however this is still
just a super trend nothing special about it number two it didn't break even and number three it comes
in too late for most trends the improvements however is the super trend can be combined with
other indicators and especially needs a volume and an exit indicator will do pretty good number two
is as we have tested before there are better buy cell indicators than the super trend so replacing
that super trend might be a good idea and it might be a better start than using the default
super trend at least okay and then jumping back straight into the chart one thing that
i do want to mention is when i was doing this test that the moving average isn't really great
for exiting those trades so i'm going to remove it at this point and if you want to replace the
moving average with a better exit indicator that would be a real plus on your side and of course
you're going to play around with the settings on this indicator for instance if you want to make
it a little bit more for swing trading i just switched the numbers around from a from a 12 to
a 7 to a 7 and a 12 but if you want to go more intraday or scalping wise just drop it down to
a much lower number like two or three and then of course you can add whatever indicators you want
you can even add another pre max indicator and you can put it in one to one or even sub one if
you didn't know some of the super trends you can go below 1 and go to 0.9 0.8 0.7 whatever location
you might want it to use for so if you want to combine the two you can kind of use the higher
p max indicator as a 200 moving average kind of deal and then using the lower one for those
intraday scalps or however you please it is highly flexible and you can use it to whatever degree
you need it to be for your setup system or idea of whatever but now you know that the
p-max is basically just a normal supertrain nothing special about it and it is of course
not the most highly profitable system out there as some youtubers would claim just remember that
all the indicators that i tested today will be in the description down below and if you like this
kind of content here are some more videos for you to watch and if you want any indicator or
setup tested just let me know in the comment section that is all for me for today cheers
you