Overview

DAW KDJB is configured on FXCE Giga by member Vũ Đức Hoành (Telegram: @dontaskwhymr) of the FXCE - EA community through the Giga Collection program.

The EA starts DCA on the AUD/CAD pair on the M30 timeframe based on the position of the candle closing price to the Bollinger Bands and the parameters of the KDJ indicator.

Trading method

Trading strategy

Buy conditions

• The candle closed below the Lower Bollinger Bands.

• KDJ < 20

• Time Frame: M30

Sell conditions

• The candle closed above the Upper Bollinger Bands.

• KDJ > 80

• Time Frame: M30

Risk management

• Fixed Volume: 0.04 lots

• Fixed Take Profit: 300 points

DCA Strategy

• Maximum orders: 8

• Multiple Factor: 2

• Maximum number of lots per order: 5 lots

• Maximum number of lots for all orders: 20 lots

• Fixed Step Size: 535 points

• Fixed TP: 15 USD

KDJ Overview

The structure of the KDJ indicator KDJ was based and developed on the basis of the Stochastic indicator. The only difference between KDJ and Stochastic is the addition of the J signal line.

The K and D lines are the two main components moving up and down between 0 and 100, and the J is the signal line.

Therefore, the KDJ indicator consists of 3 signal lines and 2 the two oversold and overbought:

• K line: Shown by the blue line on the chart.

• D Line: Shown by the yellow line on the chart.

• J Line: Shown by the red line on the chart.

Identifying overbought and oversold:

• Overbought: When KDJ breaks above 80.

• Oversold: When KDJ falls below 20.

Users can learn more about the KDJ indicator here.

Backtesting results

The EA backtested under the following conditions:

• Time Frame: M30

• Backtest period: 01/01/2020 - 07/12/2022

• Symbol: AUDCAD

• Balance: $10.000

Backtest settings

DAW KDJB backtesting results

The backtest result is evaluated based on 4 criteria:

• Drawdown recovery period = EDD * Number of months Backtest / Total Net Profit

• History Quality ≥ 99%

• Profit Factor ≥ 1,5

• Equity Drawdown ≤ 15%

More information on the Backtest assessment guiding: https://ea.fxce.com/post/huong-dan-danh-gia-ket-qua-backtest_636a2d4e56a5ec0001ade8e3

Configurating on Giga

Follow the steps to configure and can customize the EA:

Entry tab settings

Buy order

Sell order

Volume tab settings

Settings tab

Action tab settings - DCA

Terms of use

• DAW KDJB is free and shared by member Vũ Đức Hoành (Telegram: @dontaskwhymr) of FXCE EA.

• Used on MT5 FXCE platform

• Any purchase, sale or exchange in any form is not allowed.

• FXCE as well as Vũ Đức Hoành are not responsible for any loss during use.

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Download the EA config here

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• Detailed instructions on how to use EA from EA Giga library can be found here.

• Copy the “.config” file into the folder where the FXCE Giga config file is saved.

• To access the folder where the config file is saved, go to FXCE Giga and select the File > Open Data Folder menu.

• After loading the config file into FXCE Giga, users can perform backtest or forward test.