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RE: Crypto Academy / Season 3 / Week 8 : Crypto Assets and the Random Index (KDJ) Homework post for Professor @asaj by@ebuahsang1
Good job @ebuahsang1!
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 6.5 out of 10. Here are the details:
Explain the random index and how it is calculated | 1.5 / 2 | |
Is the random index reliable? Explain | 1 / 2 | |
Add KDJ to a chart and give the recommended parameters | 2 / 2 | |
Differences between KDJ, ADX, and ATR | 1 / 2 | |
Use the signals of KDJ to buy and sell any two cryptocurrencies | 1 / 2 | |
Total | 6.5 / 10 |
Remarks
You have displayed a good understanding of the topic. You have completed the assigned task. However, here are my observations;
Your work could have looked better if you had uploaded photos in landscape mode. Also, take a quick look at an extract from your answer to task 2.
However, the KDJ indicator is a reliable indicator to use in the short term or in a trending Market.
The above statement is unclear or not entirely true. This depends on what you meant by short term. Well, KDJ indicator is best for wider timeframes.
Thank you for the grade and corrections professor. I bas taken it under advisement.