It has been around two years that I am using MBFX system and gaining success on H4 and major pairs. I have added an alert into original system. I have used a simple alert but it is not enough for me, because I use some other methods to confirm the signal before entry. In this modified version alert, when the candle closes in yellow, and when it simply turns yellow, it doesn’t automatically close in that color. I usually use trend line to verify the entry and check the trend on D1 as well. In my opinion, you can go as low as a 15min time frame, just need to lessen your profit targets.
mbfx-system-alert-review
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About green and red lines:
Alert would say about “level 1 green/red” or “level 2 green/red” depending on which one it will touch.
About yellow timing:
There would be an option to make a decision if you obtain an alert if the candle closed in yellow, or it simply turned yellow, but didn’t close in that color.
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