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RE: Steemit Crypto Academy | Season 5: Week: 7 | Homework post of @kouba01 || Crypto Trading With SuperTrend Indicator by @dabeerahmed

in SteemitCryptoAcademy3 years ago

Hello @dabeerahmed,
Thank you for participating in the 7th Week Crypto Course in its 5th season and for your efforts to complete the suggested tasks, you deserve a Total|7.25/10 rating, according to the following scale:

CriteriaRating
Originality1.25/2
Compliance with topic1.25/1.5
Consistency of method1.5/2
Quality of analysis1/2
#club50501/1
Clarity of structure & language1.25/1.5

My review :

A good work in which you touched on all the questions with interpretation and analysis, with some variation in the effectiveness of the answers.

  • You have demonstrated a good understanding of SuperTrend as a trading indicator with possibility to go more in deeper on explaining how it is calculated.

  • In the second question, you have well explained the main parameters of the Supertrend indicator and how to configure them, you have also clearly analyzed the need to modify the parameters according to the chosen trading style.

  • In the third question, you briefly explain how to predict whether the trend will be bullish or bearish based on the use of the SuperTend indicator.

  • As for the fourth question, an acceptable understanding and analysis of the different movements of the SuperTrend indicator to indicate buy / sell signals.

  • In the fifth question, you clearly identified the breaking points during trading using Supertrend and Donchian Channel indicators based on clear examples.

  • In the sixth question, you made a compelling case for the effectiveness of the strategy of combining two SuperTrend indicators (fast and slow) in cryptocurrency trading.

  • In question 7, your association of the EMA ( 21 period) indicator with the SuperTrend actually improved it as a filter and helped eliminate false signals.

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

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Thankyou professor for your kind remarks, will try to do more better next time:)

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