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RE: [Crypto Trading Strategy with Triangular Moving Average Indicator] || Crypto Academy / S6W4 || Homework Post for @fredquantum || By @salmanwains
Dear @salmanwains. Thanks for participating in the Steemit Crypto Academy Season 6 Week 4. See the ratings and feedback of your entry below.
| Criteria | Rating |
|---|---|
| Originality | 1.5/2 |
| Compliance with topic | 1/1.5 |
| Consistency of method | 1.5/2 |
| Quality of Analysis | 1/2 |
| #club5050/ #club75/ #club100 | 1/1 |
| Clarity of language and structure | 1.5/1.5 |
| Total | 7.5/10 |
Feedback/Suggestions
Your effort on this is quite good. In most sections of the task, you failed to pay close attention to the questions and that cost you.
- In question 1, you have shown your understanding of Triangular Moving Average Indicator.
- For question 2, you have added TRIMA on the crypto chart and you have shown how it is calculated, no illustrative example seen. In question 3, you have identified uptrend and downtrend market conditions with TRIMA.
- In question 4, You have explained dynamic support and resistance with TRIMA.
- For question 5, You have combined two TRIMAs to mark buy and sell positions utilizing the crossovers of the indicators at separate periods.
- In question 6, you have explained the criteria for trading bullish/bearish reversals using TRIMAs combined with RSI. You have not combined another indicator with TRIMA to verify its crossovers
- And in question 7, you have placed only one trade according to the strategy.
Total| 7.5/10