RE: Crypto Academy Season 4 [ Advanced course ] week 6: Crypto Trading With Chaikin Money Flow Indicator | Professor @kouba01 | By @lupafilotaxia
Hello @lupafilotaxia,
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|8/10 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 ably, and you have some notes that I made.
- Good explanation of the CMF indicator, you gave a clear example of how to calculate it.
I made the change to 21 periods as it generally generates less noise on the daily, weekly and monthly charts, and therefore helps us project a better interpretation of the price action and market trend.
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.
You did not go into depth in answering the third question.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01