Jul 4, 2023
Reread the next paragraph after I say it's complicated. That "trusted" indicator is up to you and that is what complicates the signal, that and the fact it gets stopped out a lot by each new low of the day until it isn't.
Frankly, I wouldn't bother with the LOD signal, since it takes a lot of experience, while the open is clear cut. . There is plenty of money to be made just using the trigger on the open with a stop.