- First a green Zig Zag Arrow will appear.
- Second the MBFX Timing indicator is oversold (Below the 30% level) and indicating a green uptrend.
- Third the Trend Line indicator is showing green uptrend.
- When the candle crosses and closes above the 15 SMA up from below, and only if the trade is still confirmed by the 3 indicators.
Lets say the Zig Zag Arrow appears. But the MBFX indicator is still not below 30%. For how long is the setup still valid? I mean if the indicator does not go below 30% for 10 4H candles and it now goes finally below 30% level, should you still consider the trade?