RE: [Crypto Trading Using Trix Indicator]- Crypto Academy /S6W3-Homework Post for kouba01
Hello @farooq2923,
Thank you for participating in the 3rd Week Crypto Course in its 6th season and for your efforts to complete the suggested tasks, you deserve a Total|8.5/10 rating, according to the following scale:
| Criteria | Rating |
|---|---|
| Originality | 1.5/2 |
| Compliance with topic | 1.25/1.5 |
| Consistency of method | 1.75/2 |
| Quality of analysis | 1.5/2 |
| #club5050 | 1/1 |
| Clarity of structure and language | 1.5/1.5 |
My review:
A good content 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 the TRIX indicator as a crypto trading indicator as well as the explanation of how it works.
In the second question, you did not give an example of how the value of the indicator was calculated at time t however you correctly interpreted the change in the period setting of the indicator.
For the third question, a good explanation on how to predict whether the trend will be bullish or bearish and as well as for the signals that determine the buy/sell points in the short term and in the medium/long term.
In the fourth question, you compared the two indicators Trix and MACD well.
For question 5, you have well shown that the combination of zero line cutoff and divergences makes Trix operationally very sound.
In question 6, you combined Trix with the crossing MA20 and MA100 to explain how it will improve the functioning of the indicator as a filter and help eliminate false signals.
We thank you again for your effort and we look forward to reading your next work.
Sincerely, @kouba01
Thank you prof @kouba01