On October 10th at 16:00, AICoin researchers conducted a graphic and text sharing session titled "Automatic Bottom Fishing, Achievable with a TD Indicator (Membership Gift)" in the 【AICoin PC terminal - Group Chat - Live Broadcast】. Below is a summary of the live broadcast content.
At 20:30 (UTC+8) on October 10th, the U.S. Labor Department released the September CPI annual rate data, with a published value of 2.4%, higher than the expected value of 2.3%. There will definitely be major orders before and after the CPI information is released. Today's live broadcast will teach everyone how to bottom fish. 
Method 1: Manual Monitoring
Step 1: Open the BTC candlestick chart. Since CPI changes quickly, it is recommended to look directly at the 5-minute chart. The researcher opens Binance. You can open OKX or Binance as well. 
Step 2: Select the indicator. 
Step 3: Search for TD. 
Step 4: Save and display on the candlestick chart. 
You can see that the effect is very good. 
On this critical CPI night, the TD bottom fishing method—red TD9, run in; red TD13, run in quickly. This is the best signal for bottom fishing.
Let's take a look at the recent bottom fishing results, directly pulling the candlestick chart to observe visually. These few are all bottoms. 
However, there are also some that are not bottoms, such as the three in the image below: 
What to do when encountering three like this? Just don't go all in; split your positions and operate slowly at the oscillating bottom, and you will earn back this segment. Or set a stop loss for yourself.
The win rate for TD bottom fishing is still very high. If you want to take bottom fishing actions, choosing TD is definitely correct. It is very accurate; once it appears, the bottom is likely not far away. The above is the method of manually monitoring with TD. First, understand how to play manually, and then we will look at how to play automatically. Manual bottom fishing is that simple; when encountering red TD9 or TD13, just buy with your eyes closed.
Here are the rules for TD:
In short, once you confirm that you want to bottom fish, the optimal choice is TD. It won't deceive you; it is a very good signal for chasing dips and killing rises.
Method 2: Automatic Trading
The research institute previously wrote a Bottom Fishing TD, and now let's backtest it.
The backtest results are very good, with continuous rising returns: 
The bottom fishing indicator from the research institute is very simple, only looking at green and red TD9.
Directly sharing the source code with everyone, the source code includes alert and trading functions:
// @version=2
// Calculate TD signal
[td] = td(close);
// Define overbought and oversold conditions
overbought = td == 9; // TD9 overbought
oversold = td == -9; // TD9 oversold
// Create alerts
alertcondition(overbought, title='TD9 Overbought', direction='sell');
alertcondition(oversold, title='TD9 Oversold', direction='buy');
// Draw signals on the chart
plotText(overbought, title='TD9 Overbought', text='Overbought', color='red', refSeries=high, placement='top');
plotText(oversold, title='TD9 Oversold', text='Oversold', color='green', refSeries=low, placement='bottom');
// Trading strategy
// Sell/Close Long
exitLong(overbought, price='market', amount=1);
// Buy/Open Long
enterLong(oversold, price='market', amount=1);
From the current backtest results, the 1-hour performance is indeed very good. Let's also look at its performance under ETH; the returns have been consistently rising: 
The 45-minute also made a profit: 
With this tool, bottom fishing becomes much more reassuring. Here, we explained the most basic usage of TD. More complex strategies can be combined with other indicators, such as MA, MACD, etc.
In a trending market, only go long in an uptrend, focusing on red TD; only go short in a downtrend, focusing on green TD. Many people say that a pullback means bottom fishing. The TD signal is your best measuring tool to grasp the degree of that pullback. There is also the saying of shorting on rebounds, selling high. This high can also be measured using TD. Green TD9 will be your best high point.
This concludes the content of this sharing.
Thank you for watching. We hope every AICoin user can find suitable indicator strategies and enjoy abundant wealth!
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For more live broadcast content, please follow the AICoin "News/Information - Live Review" section, and feel free to download the AICoin PC terminal.
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