I developed my own EA system, but how to reduce the MDD?

Hello, guys currently I developed my own EA which called NODAZI12. It is focused on XAUUSD H1 time frame

also, it is operating with the Zigzag indicator and based on Elliott waves theory. I did simulation from 2009 to January of 2020 and I am planning to release as a free version and paid version.

I got quite satisfying results, however, Maximal Drawdown is quite high… how can I reduce it ??

as you can see MDD shows between 40% to 80% which are quite high… I would like to make it below 20%.

Cheers.

Hi, you can change indicators settings, make backtest again and draw conclusions. Regards Greg