RE: Crypto Academy Season 3 | Intermediate Course: Crypto Assets and the Random Index (KDJ)
Hi @vhenom, thanks for performing the above task the eighth week of Steemit Crypto Academy Season 3. The time and effort put into this work is appreciated. Hence, you have scored 6 out of 10. Here are the details:
| Explain the random index and how it is calculated | 1.5 / 2 | |
| Is the random index reliable? Explain | 1 / 2 | |
| Add KDJ to a chart and give the recommended parameters | 1 / 2 | |
| Differences between KDJ, ADX, and ATR | 1 / 2 | |
| Use the signals of KDJ to buy and sell any two cryptocurrencies | 1.5 / 2 | |
| Total | 6 / 10 |
Remarks
You have demonstrated a good understanding of the topic. You have performed the assigned task excellently. However, your answer to task 5 could have been better if you had analysed two coins with clears charts providing the buy and sell signals as well as a screenshot of your demo account summary. Also, you did not provide the level of details we look out for in the academy.
Please note that the following are ways to identify the signals of KDJ indicator and they aren't configuration parameters.
Overbought signal
Oversold signal
Downtrend signal
Uptrend signal
Dead fork signal
Golden fork signal
That said, this is good work. Thanks again for your contributing your time and effort to the academy.