RE: [Crypto Trading Using Trix Indicator] - Crypto Academy /S6W3-Homework Post for professor @kouba01
Hello @sherazsultan,
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|9.25/10 rating, according to the following scale:
Criteria | Rating |
---|---|
Originality | 1.75/2 |
Compliance with topic | 1.25/1.5 |
Consistency of method | 2/2 |
Quality of analysis | 1.75/2 |
#club5050 | 1/1 |
Clarity of structure and language | 1.5/1.5 |
My review:
Work with excellent content, because you have taken every question seriously, allowing you to get answers that are precise and in-depth in its analysis and clear in its methodology.
You have demonstrated an excellent understanding of the TRIX indicator as a crypto trading indicator as well as a clear explanation of how it works.
In the second question, although you have clearly interpreted the calculation, you did not give an example of how the value of the indicator was calculated at time t and you well analyzed the change in the indicator setting period.
For the third question, an excellent explanation on how to predict whether the trend will be bullish or bearish as well as the signals that 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 well demonstrated that the combination of the zero line break and divergences makes the Trix indicator operationally very sound.
In question 6, you combined Trix with MA(20,50) to explain how this will improve the functioning of the indicator as a filter and help eliminate false signals.
We thank you again for your effort and we look forward to reading your next work.
Sincerely, @kouba01
Thank you so much professor @kouba01