Dear @rexiano. Thanks for participating in the Steemit Crypto Academy Season 6 Week 4. See the ratings and feedback of your entry below.
| Criteria | Rating |
|---|---|
| Originality | 1.5/2 |
| Compliance with topic | 1.25/1.5 |
| Consistency of method | 1.75/2 |
| Quality of Analysis | 1.5/2 |
| #club5050/ #club75/ #club100 | 1/1 |
| Clarity of language and structure | 1.25/1.5 |
| Total | 8.25/10 |
Feedback/Suggestions
You have produced a great article on the homework task, there are a few typo errors in content which requires one more round of proofreading. Also, there are a few things to highlight about your analysis, I will highlight them in the review.
- In question 1, you have shown your understanding of Triangular Moving Average Indicator.
- For question 2, you have added TRIMA on the crypto chart and you have shown how it is calculated. That said, you could given an illustrative example of how TRIMA is calculated from SMAs. In question 3, you have identified uptrend and downtrend market conditions with TRIMA.
- In question 4, You have explained dynamic support and resistance with TRIMA and the indicator's movement in consolidating markets.
- For question 5, You have combined two TRIMAs to mark buy and sell positions utilizing the crossovers of the indicators at separate periods. You could have explained your choice of periods. Take note
- In question 6, you have explained the criteria for trading bullish/bearish reversals using TRIMAs combined with RSI. You have also used MACD to confirm the crossovers of TRIMA.
- And in question 7, you have placed bullish and bearish reversal trades but there a few things to say. For both trades you have misinterpreted the RSI, especially in the bearish reversal trade, the closest action of RSI was oversold which is associated with bullish reversal, I don't expect you to pick overbought from that far. Truly, longer time frame TRIMA crossed over the other one but that could be a consolidating market ahead. Kindly the note.
- Overall, great effort. I look forward to seeing your next entries in the Academy. Thank you.
Total| 8.25/10