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RE: Crypto Academy / season 4 week 6 - Homework Post For [@kouba01] - Trading With Chaikin Money Flow Indicator

in SteemitCryptoAcademy3 years ago

Hello @alexcarlos,
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|5.5/10 rating, according to the following scale:

OriginalityCompliance with topicConsistency of methodQuality of analysisClarity of structure & language
(0.75/2)
(1.5/2)
(1/2)
(0.75/2)
(1.5/2)

My review :

Work with average content. It was possible to go deeper into the ideas presented and provide several examples. Here are some notes that I bring to you.

  • You have provided a series of useful information in your 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 19/20 to get the result of the period 20/21. It was possible to add your opinion on the result obtained.

Best setting for this indicator is to set lenth 20 or 21 but it depends on trader wheather he is long trader of short trader. If the trader is long he will increase the length of indiactor and if the trader is short term he will decrease the length. But these things may show some wrong signals so better is to set 20 or 21 length.

  • 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.

  • The rest of the answers were at a medium level in terms of explanation and depth of analysis.

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

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Thanks for checking my work , i will try to improve my work next time.

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