Your idea: The 10% opening-range breakout (NIFTY, gap-and-go bot) • Opening range…

The 10% opening-range breakout (NIFTY, gap-and-go bot) • Opening range (OR): the highest and lowest 1-minute CLOSING prices from 09:15 to 09:45, both minutes included (31 bars). Candle highs and lows are not used. • Width (W): OR high minus OR low. • Trigger levels: – Upside: OR high + 0.10 × W – Downside: OR low − 0.10 × W – Example: if the OR is 24,000–24,100, W is 100. A CE triggers when a 1-minute close goes above 24,110; a PE triggers below 23,990. • When it checks: 1-minute closes from 09:46 to 12:00. • Direction: the gap sets it. Gap = NIFTY's 09:15 price compared with the previous day's 15:15 close. After a gap-up the bot only takes the upside break; after a gap-down, only the downside break. • When the gap-and-go bot stands down: – The opposite band breaks first ("opposite_first"). – At the moment of the break, NIFTY has already touched yesterday's 15:15 close earlier in the day ("filled" — the gap already closed). – Nothing breaks by 12:00 ("no_break"). • Entry: on the next 1-minute bar after the signal, buy the 150-point in-the-money weekly option (CE on an upside break, PE on a downside break).