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RE: [Crypto Trading With Chaikin Money Flow Indicator]- Crypto Academy S4W6 - Homework Post for professor @kouba01
Hello @reminiscence01,
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|7.5/10 rating, according to the following scale:
Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
---|---|---|---|---|
My review :
A good article in which you were able to answer most of the questions seriously, and you have some notes that I made.
A simplified explanation of the CMF indicator.
You gave a clear example but it is not correct where you have to provide the results of the previous period 20 to get the result of the period 21.
On the setting section under inputs, select 21 as the preferred period.
- 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.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thank you @kouba01.