Steemit Crypto Academy | Summary on Homework Task, Week 8- Season 5

Hello steemians how are you? I hope you all are doing well and you all are safe and healthy during this pandemic time.

Here ends week 8 of season 5 for my homework task, it felt so good to check the homework task as a professor and after being a student for 4 seasons. I have got an overwhelming response from the students which I was expecting because this time homework was quite easy. first I want to make apologies to each and every user for this late summary post. It was my fourth experience as a teacher and I tried my best to be lenient and understandable, hope you all find it informative and useful.

This week we covered: One of the best oscillator that is ultimate oscillator. It is an indicator which is use to analyse trends divergence and exit entry points in the market. Starting from its definition calculation divergence and trends we take entry and exit from market.

This week we came up with 5 different questions starting from an understanding of ultimate oscillator we discuss its trends in the market. After that we try to analyze its reversal method and then trade. Main part is the calculation which require dedication and focus to get the correct result.

It is a technical indicator that was created by Larry Williams in 1976. It is used to measure the price momentum of any asset in the Crypto market at different time frames. The reason this oscillator is considered as ultimate oscillator is that this indicator has less volatility and provide less signals as compared to other oscillators that rely on single time frame. Generation of less signals indicate more accuracy while trading. This indicator used at least three time friends in its calculation, the shorter time frame has more wait in calculation while longer has the least weight.

Buying and selling signal using ultimate oscillator depend upon the divergence whether it is bearish divergence or bullish divergence. Buying signal occur when there is bullish divergence and sell signal occur when there is bearish divergence.

This is the basic summary of the homework for week 8.

This week, I have visited all the posts submitted on my tag #utsav-s5week8 and #cryptoacademy. Once again I request all the participants to check their tags correctly. If anyone uses an incorrect tag change it, comment on your link below, I will try to visit your post.

Observations and suggestions:

In week 8 total 40 entries were made in which we find all types of entries, Outstanding, Excellent, Good, Average, and Poor.
Well organized homework posts with clear screenshots and perfect trades receive good grading while other lose marks in different areas. Let us address a few of them.

Presentation:

I consider presentation as one of the most important parts of any homework post. It depends on many factors such as screenshots and their editing, Clarity of content structure, and also special guidelines. This time I mention the two most important guidelines and consider them as a part of the presentation that is to justify text and as your country tag. One who fails to follow these simple guidelines fail to receive marks in presentation.

Proofreading :

As we mention that one has to read his/her homework post before submission. Few users make silly mistakes such as spelling mistakes, Markdown style mistakes, unwanted symbols in between text, and so on. The only thing that can resolve this is an issue is proofreading. Read your complete homework post before submission.

Question Answers:

Many of our authors fail to understand calculation in which they lose marks. Since many authors done the same mistake so I deducted 3 marks in each post. But most of the questions are correct and well explain.

Evaluation :

My grading system was based on the quality of analysis of each Question, presentation, and originality. Out of 40 entries only 1 entry receive 10/10. Number of post receive Vs. Quality Tag of these 40 entries are given below in the form of the pie chart.

Quality Tag	Number of posts	Marks Range
Outstanding	1	10
Excellent	21	8.5-9.5
Good	8	7.0- 8.0
Average	6	5.0-6.5
Poor	4	0-4.5

In terms of pie chart, the total percentage of posts that received certain quality Tag is given below:

Percentage:
(Number of posts/Total number of posts)X100

Marks obtained by a number of posts are given below :

Marks obtained	Number of posts
10	1
9.5	8
9	6
8.5	7
8	4
7.5	3
7	2
6.5	2
6	0
5.5	5
5	4
Below 5	3

I have evaluated all the entries on the basis of the following parameters:-

• Quality of analysis Of each question. Specifically in question 1.

• Presentation including originality 2 marks in total. It consists of proofreading, Guidelines, editing, and other factors we discussed above.

• Club5050 users received an additional 1 mark as a reward under the category of presentation.

• Grammar, spelling, plagiarism, formatting all are covered under this marking scheme.

Top 3 post :

Out of 40 entries, I found the following as three best entries of this week :

Position	username	post link
First	@sir-lionel	post link
Second	@azamrai	post link
Third	@nobby9b	post link

Conclusion:

It is time to conclude our homework post summary in which we try to summarise each and every important and basic need of homework post one should take into consideration. While performing homework we have to focus on what is the demand made by questions or are there any specific guidelines made. By doing this we can secure the marks that we are losing in silly mistakes.

The aim of this homework post is to teach every user about ultimate oscillator that one can use in there day to day trading life. Try to use this Strategy in your trading and share your views below in the comment box.

Join club5050 to grow steemit and steem coin more and more. Our main is to provide quality content to users and teach them different methods of working. If you are eligible to work in steemit crypto academy then do join this excellent community for more such assignments.

Thank you.

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@steemcurator01
@steemcurator02
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