C Patrick .. Allow me to explain the magic box according to my understanding and if I was wrong then I hope someone corrects me too.. to call any setup a magic box, two events have to happen: Day 1 (Down Day): red (black) candle near lower bollinger band Aroon Down(8) = 100 Day 2 (up Day) : white (green) candle Aroon Down(8) less than or equal to 87.5 if both these events occure, then you have a magic box setup however, it is not yet confirmed for entry.. it becomes a confirmed magic box whenever the Williams %R(9) crosses above the -50 (and stays there)