ProfitMax Signals

ProfitMax Signals is a streamlined indicator designed for 30-minute charts, such as the S&P 500 Index (SPX), utilizing the fast MACD (5,13,5) to generate precise buy and sell signals based on momentum shifts, aiming to capture tops and bottoms for maximum profit. It employs MACD crossovers—buy signals when the MACD line crosses above the signal line, and sell signals when it crosses below—plotted as small green and red triangles, respectively, on the chart. The indicator includes debug tools like MACD lines and price move percentages in the data window for optimization, and it’s customizable for any TradingView asset (stocks, forex, crypto) by adjusting parameters such as the minimum price move, cooldown period, profit target, and trailing stop. Currently simplified to ensure signals appear, it will be enhanced with features like a 5-10 bar cooldown, 0.25%-1% price gaps, strict alternation (no consecutive buys or sells), a 1% profit target, and a 0.25% trailing stop based on user feedback and observed price gaps, making it ideal for trend-following strategies while protecting against losses.