Thank you for this topic about DCA. It is great, probably my first time seeing such a post about DCA. I will start to apply it today.
Good application of DCA depends on knowledge and understanding of the market.
DCA tend to eliminate all the difficulties of the market for you so that you buy in average, be it on losses or gains. So, it doesn't have to do with the knowledge of the market, reading the charts, candlesticks or waiting on the fundamentals. In DCA, too much understanding is not needed especially if you are going on a long run.