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RE: Crypto Academy Season 4 [ Advanced course ] week 6: Crypto Trading With Chaikin Money Flow Indicator | Professor @kouba01 | By @lupafilotaxia

in SteemitCryptoAcademy3 years ago

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:

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

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

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