RE: Season 2-Week 8 | Cryptocurrency Trading with Bollinger Bands
Hello @maazmoid123,
Thank you for participating in the 8th Week Crypto Course in its second season and for your efforts to complete the suggested tasks, you deserve a 9.5/10 rating, according to the following scale:
Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
---|---|---|---|---|
My review :
To be honest I don't think there are any particular timeframe on which Bollinger bands work best on, as we have seen the charts of different time frame and Bollinger bands works best on every time frame.
- The choice of the period for the BB indicator to work best depends on the trading style you adapt to, for example for the day trading style we use Bollinger bands on the lower period, such as the period of 15 minutes or less. On the other hand, for the Swing trading style, you can choose a daily or weekly period.
Excellent article in which you handled the topic very well with clear answers to the questions asked which is indicative of the great research work you committed to get this result. Regarding the last assignment in the homework, I would have liked you to have also followed the price action of the chosen pair because it is the most important to use such a technical analysis indicator.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thank you professor, it was really a wonderful lecture and I have learned a lot from that.