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In the previous article, we analyzed the reversing strategy. We tested the strategy on two Forex instruments. We also tried to use different indicators to improve the system performance.

As a result, we found out that the reversing strategy can work with an average annual yield of about 50%. But this is a high-risk strategy, because maximum drawdowns could exceed the initial deposit amount. With the initial deposit of 10,000 dollars, the maximum drawdowns on the analyzed financial instruments reached 12,000-15,000 dollars with any indicators. Can this variable be improved? How will the taken measures affect the strategy profitability? This will be the subject of the first part of this article.

After dealing with this issue, we will move on to the second subject — we will try to trade various financial instruments in addition to Forex symbols. We will try to find out, which market is the most optimal for this trading strategy. Are there any considerable differences in reversing trading in different markets.

In all tests within the article, we will use the M15 timeframe and the maximum number of steps in a chain set to 8. The reasons for choosing these parameter values were described in the previous article.

In addition, we will not use any indicators in all tests, except GBPUSD and XAGUSD. The strategy performs an entry in the fixed direction, once the previous trade chain is closed. For GBPUSD and XAGUSD, entry depends on the CCI indicator values. Testing has shown that CCI can increase profitability for the above symbols.

An archive attached below contains all SET files with proper Expert Advisor settings for each symbol considered in this article. These settings were used for tests, the resulting profit charts of which are presented in the article.
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