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.