RE: [Crypto Trading Using Zig Zag Indicator]- Crypto Academy /S6W1-Homework Post for kouba01

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[Crypto Trading Using Zig Zag Indicator]- Crypto Academy /S6W1-Homework Post for kouba01

in hive-108451 •  3 years ago 

Hello @robbee,
Thank you for participating in the 1st Week Crypto Course in its 6th season and for your efforts to complete the suggested tasks, you deserve a Total|5.75/10 rating, according to the following scale:

CriteriaRating
Originality1/ 2
Compliance with topic1/1.5
Consistency of method1/ 2
Quality of analysis0.75/ 2
#club50501/1
Clarity of structure and language1/ 1.5

My review:

Work with medium content, where all the answers were varied in terms of analysis and examples adopted to explain the points raised for interpretation. Here are some notes:

  • You have shown an acceptable understanding of Zig Zag as a trading indicator and a superficial explanation of how to calculate it.

  • In the second question, you gave a brief explanation of the main settings of the Zig Zag indicator and how to configure them with the possibility of in-depth explanation of changing the settings.

  • Regarding your third question, a good explanation of how to predict whether the trend will be bullish or bearish based on the use of the Zig Zag indicator and without touching in-depth on how the buy/sell points are identified.

  • In the fourth question, you clearly identified the support and resistance levels when trading with the Zig Zag indicator.

  • For the fifth question, a clear understanding and analysis of the different movements of the Zig Zag and CCI indicators to indicate buy/sell signals.

  • In question 6, coupling BB,CCI indicators with Zig Zag improved it as an indicator and helped get rid of false signals but you gave a superficial explanation of this combination.

We thank you again for your effort and we look forward to reading your next work.

Sincerely, @kouba01

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thank you prof, it seems I did my job not optimally, I will try to be better, thank you for your advice.