RE: Crypto Academy Week 12 | Homework Post for @kouba01 |Cryptocurrency Trading with RSI
Hello @fredquantum,
Thank you for participating in the 4th Week Crypto Course in its second season and for your efforts to complete the suggested tasks, you deserve an 8/10 rating, according to the following scale:
| Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
|---|---|---|---|---|
My review :
It is kept at 14 at default such that the price behaviour over the last 14 days is taken into account by the RSI indicator.
- By default, the length of the RSI is 14, its amplitude then depends on the time unit of your graph. On a 1 minute chart, the latest RSI value will take into account the last 14 minutes. On a 1-day graph, the last 14 days, etc.
Great effort to do this homework, and you have succeeded with most answers, but some details remain unreported, especially regarding the question:
How do we filter RSI signals to distinguish and recognize true signals from false signals.
I will not give the answer now until students have equal opportunities.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thanks for the review professor. I'm glad I participated and I look forward to seeing the revelation of the answer to the question you highlighted at the end of the week. Thank you one again.