Your idea: Signal (Nifty 50 index, 3-minute chart, IST) • 30m range: a complete…

Signal (Nifty 50 index, 3-minute chart, IST) • 30m range: a completed 30m candle qualifies if its body (|close − open|) is smaller than the previous 30m candle's body. Its high and low become the active range, a newer qualifying candle replaces it, and ranges reset every day. • Breakout: the first 3m close beyond the range high (long) or low (short), on a candle in the same direction with a body of at least 75% of its high-low range. Each level can trigger only once, even if the candle fails the filters. • Candle gap: at least 1 three-minute candle between the candle that made the 30m high or low and the breakout candle. • Entry trigger: a limit at the 50% level of the breakout candle, (high + low) / 2, on the index. It's cancelled if unfilled after 10 three-minute bars (30 min), or at 13:00 IST. Option trade • Long signal: buy the call at the nearest strike above the index entry price (22430 → 22450 CE). • Short signal: buy the put at the nearest strike below the index entry price (22430 → 22400 PE). • Exactly on a strike: use that strike. • Entry price: the option premium at the moment the index limit fills (assumed). • SL: 10 points below the entry premium. • TP: fixed 1:3, so 30 points above the entry premium. • Example: enter at 110, SL at 100, TP at 140. • Other exits: trailing SL and other exits may be tested later. The index structure SL is not used. Daily limits • Trades per day: at most 2. • Second trade rule: allowed only if the first trade was a win. No second trade after a loss. • Cooldown: at least 10 minutes after the previous trade closes. Time • Entry window: 9:15 to 13:00 IST. • Force close: everything is closed at 14:30 IST. Assumptions to confirm • Expiry: the current weekly expiry. • Win and loss: TP hit is a win and SL hit is a loss. A 14:30 forced close counts by whether it closed in profit.