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RE: Heikin-Ashi Trading Strategy | Steemit Crypto Academy| S4W2 | Homework Post For @reddileep by @eloksjoseph

Hello @eloksjoseph Thank you for participating in Steemit Crypto Academy season 4 week 1.

CriteriaGrade
Q1 content1/1
Q2 content0.8/1
Q3 content0.2/1
Q4 content2/2
Q5 content1/1
Q6 content1.5/2
Post Presentation1/1
Originality0.5/1
Total8/10

Homework task: 8

Feedback:

Very good work my friend, I see that you have mastered most of the content presented in class. There are some suggestions that I would like to make.

In question 2 there was one very important feature that you omitted... the position of the strands. In an uptrend all the wicks of the green candlesticks will be positioned upwards, and in a downtrend they will be positioned downwards. That is a significant difference from traditional Japanese candlesticks.

Remember that question 3 requires: "In addition to simply stating the formula, you must provide a clear explanation of the calculation."

However you did not develop any practical explanation of the calculation, you only stated the formulas. You could have been a little more creative at this point.

In question 6 you could have also mentioned a very important feature of the EMAs... their relative position between the two.

Remember that the 55 EMA will behave more slowly to price changes and the 21 EMA will be sensitive, therefore when the 55 EMA is above the 21 EMA we will be in the presence of a downtrend and vice versa. This is an additional indicator that we can use in conjunction with the price position.
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Thank you for your reply professor, I'll pay more note to the questions next week.

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