RE: Steemit Crypto Academy Contest / S20W3: Trading Steem with Fractals and Multi-Timeframe Strategies
Criteria | Note |
---|---|
#steemexclusive | ✅ |
Plagiarism Free | ✅ |
AI Article | ✅ Original (Human Text!) |
Bot Free | ✅ |
Comment/Recommendation
Question 1: Your explanation of market fractals is well structured and relevant for identifying trend reversals. However, the charts used lack clear annotations to support your explanations. They are average in terms of visually explaining the concepts discussed. The inclusion of more technical details, such as support and resistance levels, as well as explanatory annotations, would improve the analysis.
Question 2: You have well explained the combination of fractals with other technical indicators such as RSI, moving averages, and the Alligator indicator. However, the practical examples are not sufficiently in-depth. The charts provided are also averagely annotated, which reduces their ability to clarify your points. Additional explanations on the interaction of the different indicators and more precise annotations would have made this section more effective.
Question 3: The use of fractals over different time frames is well presented, but there is a lack of clear explanation on the interaction of the identified fractals over the different time horizons. The charts you have included are not detailed enough, and the average annotations limit the clarity of key points. It would be beneficial to add more information on how fractals interact across different time frames for a more comprehensive analysis of the market.
Question 4: The fractal-based trading strategy you have developed is well thought out, but lacks detail when it comes to practical application. The charts showing entry and exit points are averagely annotated, which reduces their clarity. Additional explanations of risk management and more concrete examples would have strengthened this section.
Question 5: Your current analysis of the STEEM market is well-founded, using fractals and RSI to support your predictions. However, your charts are averagely annotated, which reduces their impact. Adding more detail on support and resistance levels and precise annotations would have allowed for a better understanding of your analysis.
Overall, you have done a good job, but it could be improved by more precise annotations on the graphs and more thorough explanations of the technical concepts. This would make your analysis clearer and more accessible to readers.
Total | 7.75/10
Thank you for your review & suggestions. I will improve next time.