You are viewing a single comment's thread from:

RE: [Crypto Trading With Chaikin Money Flow Indicator]- Crypto Academy S4W6 - Homework Post for professor @kouba01

in SteemitCryptoAcademy3 years ago

Hello @beckie96830,
Thank you for participating in the 6th Week Crypto Course in its 4th season and for your efforts to complete the suggested tasks, you deserve a Total|9/10 rating, according to the following scale:

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

My review :

Work with excellent content, because you take every question seriously, allowing you to get answers that are accurate, in-depth in its analysis and clear in its methodology. Here are some notes:

  • Good explanation of the CMF indicator with all its features and method of calculating it. You have given an obvious example but it is not correct since you have to provide the results of 20 previous periods to get the result of period 21. It was possible to add your opinion of the result obtained.

But the best setting depends on the trading system used and the type of asset traded. A short-term trader will use shorter indicator periods, while a long-term trader will use higher indicator settings.

  • Exactly, Chaikins suggests 21 days as the default setting. That corresponds approximately to a trading month. If the number of periods is larger, the indicator is less volatile and less prone to sideways movements. In a weekly or monthly chart, the number of periods should be reduced.

  • Most of your answers were successful, with just what is required. Only the last question could have been expanded further in its second part.

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

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.033
BTC 89395.14
ETH 3102.08
USDT 1.00
SBD 2.79