RE: 8[Crypto Trading Using Trix Indicator]- Crypto Academy /S6W3-Homework Post for kouba01
Hello @rexiano,
Thank you for participating in the 3rd Week Crypto Course in its 6th season and for your efforts to complete the suggested tasks, you deserve a Total|7/10 rating, according to the following scale:
| Criteria | Rating |
|---|---|
| Originality | 1/2 |
| Compliance with topic | 1.25/1.5 |
| Consistency of method | 1.25/2 |
| Quality of analysis | 1/2 |
| #club5050 | 1/1 |
| Clarity of structure and language | 1.5/1.5 |
My review:
A good article in which you touched on all the questions with interpretation and analysis, with some variation in the effectiveness of the answers.
You have demonstrated a good understanding of the TRIX indicator as a crypto trading indicator as well as how it works.
In the second question, you did not give an example of how the indicator value was calculated at time t however you interpreted the indicator's period setting correctly.
On the third question, a good explanation on how to predict whether the trend will be bullish or bearish and determine the buy/sell points in the short term and in the medium/long term.
In the fourth question, you compared the two indicators Trix and MACD well.
For question 5, you have satisfactorily shown that the combination of zero line cutoff and divergences makes Trix operationally very sound.
In question 6, you combined Trix with Aroon to explain how it will improve the functioning of the indicator as a filter and help eliminate false signals, but you did not elaborate on the idea.
We thank you again for your effort and we look forward to reading your next work.
Sincerely, @kouba01