RE: Steemit Crypto Academy Season 3-Week 7 | Trading Crypto With Average Directional Index (ADX) Indicator
Hello @vhenom,
Thank you for participating in the 7th Week Crypto Course in its third season and for your efforts to complete the suggested tasks, you deserve a 4/10 rating, according to the following scale:
Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
---|---|---|---|---|
My review :
An article with under average content due to the absence of analysis for several aspects of the topic, and here are the details.
Your interpretation of the ADX indicator was weak due to the repetition of the same idea and your focus on it, which is the strength of the trend, as the rest of the information was unorganized due to the absence of a clear methodology. As well as the absence of an applied example of the method of calculating the indicator.
Your choice of high or low settings for the period used by ADX indicator you did not explain it well.
As for the third question, you did not answer it well, as it focused on the same idea as the first question.
The DMI curve reacts faster to the price than the ADX curve because the ADX curve reads from the period set while the price has passed that period but the DMI follows the process it detects the trend faster than the ADX curve. You see that the ADX curve gives a late signal.
The DMI makes it easier to read the indicator. The DMI shows the direction of the market. How it works is that it measures highs and lows over a period of 14, the ADX's default setting. It indicates the direction of the market. If the + DI is above the -DI, it means that the price is going up, in this case, the ADX measures the strength of the uptrend.
As for the fourth question, it contains many errors, as you compiled a set of information without a clear methodology.
Same problem with the last question where you revolve around the idea without providing clear answers.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
With all the notes I wrote and time I spent you still telling me they I don't explain well I sacrifice many things Dominican do this assignment now you are giving me 4/10 c'mon
My work is all based on what you wrote and now you saying I don't do well. When what's I did is based on what you thought