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RE: Crypto Academy / Season 3 / Week 8 - Intermediate: Crypto Assets and the Random Index (KDJ)

in SteemitCryptoAcademy • 3 years ago

Superb performance @kwadjobonsu!

Thanks for performing the above task in the eighth week of Steemit Crypto Academy Season 3. The time and effort put into this work is appreciated. Hence, you have scored 10 out of 10. Here are the details:

No.
Task
Grade
1
Explain the random index and how it is calculated2 / 2
2
Is the random index reliable? Explain2 / 2
3
Add KDJ to a chart and give the recommended parameters2 / 2
4
Differences between KDJ, ADX, and ATR2 / 2
5
Use the signals of KDJ to buy and sell any two cryptocurrencies2 / 2
Total10 / 10

Remarks

Overall, you have done great explaining the random index and its reliability. You have also been able to differentiate the random index from the average directional index and the average true range.

Although you did not provide a conclusion nor provide the recommended parameters of KDJ, the manner in which you performed the tasks has earned you some bonus points. As a suggestion, a conclusion serves as a summary of what have been discussed.

3 years ago in SteemitCryptoAcademy by
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