Hello @silencewan,
Thank you for participating in the 8th Week Crypto Course in its 4th 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 | 1.5 /2 |
Compliance with topic | 1.25 /1.5 |
Consistency of method | 1.75/2 |
Quality of analysis | 1.5/2 |
#Club5050 | 0/1 |
Clarity of structure & language | 1.5/1.5 |
My review :
A good article in which you were able to answer most of the questions ably, and you have some notes that I made.
- A detailed explanation of the ROC indicator and how to calculate its value. It was possible to use a graph so that the result and your conclusion is closer to reality.
Thus, there is a common setting for this indicator which is the 9-periods but also, there are other commonly used settings that include the 14 and 25 periods as well.
The most used periods correspond to ROCs at 12 and 25 for short and medium term trading. The ROC 12 is an excellent indicator of overbought / oversold in the short and medium term. The higher the ROC, the more the currency is overbought, the lower the ROC, the more likely a rally seems.
As for the third question, in its second half, you did not go into depth in determining how to reverse the trend using the indicator.
In the last question it was possible to extract several other signals.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thank you professor
I’m grateful for the review
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