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RE: Trading With Chaikin Money Flow Indicator [Crypto Academy S4W6 Homework Post for professor @kouba01]
Hello @ckole,
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:
| Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
|---|---|---|---|---|
My review :
An excellent article in which you were able to answer most of the questions ably, and you have some notes that I made.
- A clear explanation of the indicator with all its characteristics, with an integrated example of how to calculate its value.
This CMF is a 20-period CMF; I will change it to a 21-period. Click on the setting symbol. Change the length to 21. Click OK.
- You need to dig deeper to determine the best settings for the period of the CMF indicator.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thanks, prof. I would appreciate if you can just tell me the best settings as I've pulled my stunt in doing my best. I've done all things possible to get the best I can, so as my boss and teacher, please, kindly give me the OT, so I can get the full knowledge about the best settings.
The statement above was just for explanation to show how to change the settings if at all a trader doesn't want to use the default settings which is 20 on most platforms. I know that the initiator gave 21 as the default, but we can see that most platforms use 20 as theirs. I'm confused boss. Please help me out because I want to learn. Thanks prof.