RE: HomeWorkPost-- SteemitCryptoAcademy -Crypto Trading With Williams % R Indicator [@kouba01]
Hello @mystry360,
Thank you for participating in the 4th Week Crypto Course in its 4th season and for your efforts to complete the suggested tasks, you deserve a Total|6/10 rating, according to the following scale:
Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
---|---|---|---|---|
My review :
Work with acceptable content. It was possible to go deeper into the ideas presented and provide several examples. Here are some notes that I bring to you.
I have observed that the 20-period average works really well and gives fewer signals as compared to the other periods and is more accurate because it is taking the calculation of the last 20 candles.
That s true, The period used by %R by default is 14 candles. Thus, the indicator will cover a period of 14 hours for the 1H chart and 14 weeks for the 7D chart. However, it can be changed to increase the sensitivity of the device (alternatively, to lower the number of false signals).
Your explanation of how to determine failure swings was not deep and detailed.
There are many other signals that can be addressed and highlight the role of the indicator in confirming them.
The rest of the answers varied in the depth and efficacy of their analysis.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01