What's your timeframe? I'm not against averaging if you have a strategic view, but what's your account size for $50/tick position, what's your acceptable drawdown - have you checked the statistics on the dax - how it behaves relative to price within your timeframe? What's your exit strategy should your approach fail - what's the loss relative to your portfolio size? Do you know how many contracts are held to close (open interest)? If you don't know the answers, you're gambling and doing the good ole hope and pray strategy based on paper trades and anecdotal evidence.
