Attached is a quick way to grasp whether long or short is faring better on a Hershey-like reversal system. The lime line is the approximate profit in the previous long reversal. The red line is the approximate profit in the previous short reversal. The black line is zero profit for quick reference to distinguish win from loss. Not saying it is useful. But perhaps thought provoking. Or nausea inducing. In any case it was my morning sober-up coding exercise.
This is helpful.