In the conservative sense, the correct exposure is the one where the shadows are still well defined. That is to say – if you divide your image into zones – Zone II still contains image information on the negative. If the extension factor is set too low, you will lose all image information in this critical area.
Correct: in the conservative sense. In theory. In practice, however, it is the photographer who determines what falls into which zone and what they want to be defined and what they do not.
BTW: If you expose so generously with a red filter that your shadows are still fully defined, the red filter effect in a landscape shot is 100% lost.
I simply hold my filters up to the light meter in ‘neutral’ light to work out my extension factors – if they aren’t marked on the filter.
This works well with most filters, but
with a red filter you’ll never, ever get the shadow detail you demanded earlier as a condition for ‘the right’ exposure. ;-)