RE: "Perfect Entry" Strategy using Stochastic Oscillator + 200 Simple Moving Average - Crypto Academy/S5W3 - Homework post for @lenonmc21
Greetings @okunlolayk. Thank you very much for participating in my class for season 5 (week 3), in the "SteemitCryptoAcademy ".
| Parameters | Rating |
|---|---|
| Presentation Style (Use of Markdown) | 1.5/1.5 |
| Originality | 1.5/1.5 |
| Quality of the Content (Mastery of the Topic) | 1/2 |
| Clarity of Structure (Spelling and Overall Comprehensibility) | 1/2 |
| Practical Approach | 0.5/2 |
| #club5050 | 1/1 |
| Total | 6.5/10 |
Remarks:
The presentation style of your assignments is "Excellent", as you present order in the format and your structure has quality. Your cover image is related to the class, which is fine, remember, you should always address your cover page to the topic at hand, this is what represents your input to the assignment and visually reflects what you are going to write. The text separators in your presentation were excellent. I encourage you to keep improving and to continue that same pace in the rest of your submissions.
The quality of the content is "Good", as you covered with some clarity and fluency some of the important details regarding what you understand about "The Perfect Entry Strategy". More than 2 examples were asked for in this question, plus you missed some aspects to highlight.
Regarding what "Candlestick Pattern should we expect to execute our "Perfect Entry", the quality with which you answered this question was "Poor", because you did NOT point out any of the correct candlestick patterns that can serve as "Trigger Candles" to execute our entries in confuence with the other criteria of the strategy. Such as the Hammer, Shooting Star and DOJI.
You have a "Good" understanding of the "Trade Entry and Exit Criteria for Buy and Sell positions of the Perfect Entry Strategy", as you are somewhat clear on most of the requirements needed to be able to take advantage of the market and execute a perfect entry with good risk management. However, you should have been a bit more specific with the description of the risk/reward relationship.
On the last question, I wanted to see if the students had understood how to apply the "Perfect Entry Strategy in both a Bullish and a Bearish scenario", so your performance was "Poor", because the screenshots you shared about your entries although clear, your explanation in conjunction with the execution was incorrect. First your average was 9 periods and not 200, second it was 2 entries not one, third I did not even see the development of your entry to evaluate the performance of your entry.
Appreciate your efforts at Crypto Academy and look forward to seeing your next assignments.