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RE: Steemit Crypto Academy Temporada 3-Semana 7 | Comercio de criptomonedas con indicador de índice direccional promedio (ADX)

in SteemitCryptoAcademy3 years ago

Hello @meivys,
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 6/10 rating, according to the following scale:

OriginalityCompliance with topicConsistency of methodQuality of analysisClarity of structure & language
(1/2)
(1.5/2)
(1/2)
(1/2)
(1.5/2)

My review :

Acceptable work in which you tried to answer the questions in your own way and I have a few points I want to note:

  • A simplified explanation of the indicator and its use.

  • The final operation is ADX = Sum of n [((DI +) - (DI-)) / ((DI +) + (DI-))] / n, So to get the correct ADX result, you need to calculate DX values for at least n periods then smooth the results.

  • In general, the selection of indicator settings depends on the chosen trading system and the type of trader. A higher indicator period is reliable but takes time to give signals, while a lower indicator period generates a quick indicator crossover and sometimes generates unreliable trend information.

  • A short interpretation of two ways to trade the ADX indicator, as you confined to stating generalities without going into more details.

Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01

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Muchas gracias por su evaluación, y las recomendaciones. Saludos.

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