TAH EU-DCA-M15 Overview
TAH EU-DCA-M15 is configured on FXCE Giga by member TAH - tradingathome (Telegram: @tradingathome) of FXCE - EA community through the Giga Collection program.
EU-DCA-M15 executes DCA when the market falls into oversold/overbought conditions as determined based on the RSI 20 indicator. Trades are executed only in the time frame 3:01-18:59 (server time) which ensures signal accuracy and always stopsloss of $1,000 equivalent to 10% of the account.
Trading method
Trading strategy
Buy conditions
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The candle closes when RSI crosses below 30.
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The body of the 1st candle is less than 500 points.
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Total Buy Orders = 0.
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Time Frame: M15
Sell conditions
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The candle closes when RSI crosses above 70.
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The body of the 1st candle is less than 500 points.
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Total Sell Orders = 0.
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Time Frame: M15
Risk management and DCA Strategy
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The first order has a fixed volume and TP: 0.02 lots and 140 points.
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When the price moves in the opposite with the predicted direction, the EA will execute an additional 10 orders DCA (maximum 11 orders have been calculated including the first order).
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Fixed volume: 0.04; 0.06; 0.1; 0.14; 0.2; 0.26; 0.34; 0.42; 0.52; 0.62 lots.
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Fixed Step Size: 85 points.
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The DCA sequence has a fixed TP for each order of 70, 140, 140, 70, 70, 70, 0 points respectively.
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Maximum risk for the account: $1000 (corresponding to 10% of the account).
Backtesting results
The EA backtested under the following conditions:
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Time Frame: M15
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Backtest period: 01/01/2018-11/12/2022
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Symbol: EURUSD
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Balance: $10.000
Backtest settings
TAH EU-DCA-M15 backtesting results
The backtest result is evaluated based on 4 criteria:
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Drawdown recovery period = EDD * Number of months Backtest / Total Net Profit
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History Quality ≥ 99%
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Profit Factor ≥ 1,5
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Equity Drawdown ≤ 15%
Drawdown recovery period |
Comparison |
Standard number of months |
Criteria |
5.23 |
< |
6 |
Enough |
History Quality |
Comparison |
Required level |
Criteria |
100% |
> |
99% |
Met |
Profit Factor |
Comparison |
Required level |
Criteria |
2.4 |
> |
1.5 |
Met |
Equity Drawdown |
Comparison |
15% |
Criteria |
4.63% |
< |
15% |
Met |
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
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The EA is free of charge and shared by member TAH - tradingathome (Telegram: @tradingathome) of FXCE EA.
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Used on MT5 FXCE platform
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Any purchase, sale or exchange in any form is not allowed.
- All backtest results in the article are for reference only; user should backtest with the latest price data before using it.
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FXCE as well as TAH 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.
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Copy the “.config” file into the folder where the FXCE Giga config file is saved.
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To access the folder where the config file is saved, go to FXCE Giga and select the File > Open Data Folder menu.
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After loading the config file into FXCE Giga, users can perform backtest or forward test.