RE: [Crypto Trading With SuperTrend Indicator]- Crypto Academy /S5W7-Homework Post for @kouba01
Hello @adamsmoke,
Thank you for participating in the 7th Week Crypto Course in its 5th season and for your efforts to complete the suggested tasks, you deserve a Total|7.5/10 rating, according to the following scale:
| Criteria | Rating |
|---|---|
| Originality | 1.25/2 |
| Compliance with topic | 1.25/1.5 |
| Consistency of method | 1.5/2 |
| Quality of analysis | 1.25/2 |
| #club5050 | 1/1 |
| Clarity of structure & language | 1.25/1.5 |
My review :
Work with good content, in which you managed to answer the majority of questions clearly and with a variation in depth of analysis. And here are a few remarks:
You have demonstrated a good understanding of SuperTrend as a trading indicator and likewise how it is calculated.
In the second question, you have well explained the main parameters of the Supertrend indicator and how to configure them, you have also clearly analyzed the need to modify the parameters according to the chosen trading style with the possibility of going deeper into the ideas .
In the third question, you explain how to predict whether the trend will be bullish or bearish based on the use of the SuperTend indicator.
As for the fourth question, a clear understanding and analysis of the different movements of the SuperTrend indicator to indicate buy / sell signals.
In the fifth question, you identified the breaking points during trading using Supertrend and Donchian Channel indicators based on clear examples.
In the sixth question, you made a compelling case for the effectiveness of the strategy of combining two SuperTrend indicators (fast and slow) in cryptocurrency trading.
In question 7, your association of the RSI indicator with the SuperTrend actually improved it as a filter and helped eliminate false signals.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01