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RE: Steemit Crypto Academy Season 3-Week 7 | Trading Crypto With Average Directional Index (ADX) Indicator. by @laser145

in SteemitCryptoAcademy4 years ago

Hello @laser145,
Thank you for participating in the 7th Week Crypto Course in its third season and for your efforts to complete the suggested tasks, you deserve a 6/10 rating, according to the following scale:

OriginalityCompliance with topicConsistency of methodQuality of analysisClarity of structure & language
(1/2)
(1.5/2)
(1/2)
(1/2)
(1.5/2)

My review :

Acceptable work in which you tried to answer the questions in your own way and I have a few points I want to note:

  • A clear explanation of the ADX indicator with a great effort to interpret its complex method of calculation.

  • To get the correct ADX result, you need to calculate DX values for at least n periods then smooth the results.

  • In the third question, your answer was short as you did not go into details.

  • The last question lacks depth in the analysis, especially in the topic of your choice in which type of trading you prefer to use the ADX indicator.

Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01

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