Strategy 1 — SMC Daily (1 trade/day), Option Buying vs. Selling, NIFTY 50
One trade per day (1h opening range breakout → nearest confirming OB/FVG within 60min → technical SL, +25pt trigger/2pt trail exit). Every signal priced two ways from ₹20L each: buying a 200pt-ITM option, and selling the ATM option hedged 500pts OTM (hedge caps margin only — risk-sizing uses the sold leg's own scenario loss at the technical stop). Fills use REAL live bid/ask from Fyers' option chain — buy at ask, sell at bid, same as a real market order — not a theoretical price; only the sell leg's risk-sizing still uses Black-Scholes/Greeks (a genuinely forward-looking 'what if price hits the stop' estimate no live quote can answer). Still assumes every order fills instantly at the quoted price — real fills can be partial or not happen at all in a fast move. 1% risk/trade. Paper trading only — not real capital.
Strategy 2 — OB Scalp (many trades/day), Option Buying vs. Selling, NIFTY 50
Validated 2015-2026 (train + out-of-sample split, experiments/obOnlyAfter930FullHistory.ts): every Order Block formed AFTER 09:30 AM, no opening-range breakout required — OBs in the first 15min of session tested consistently negative and are excluded. Same technical SL (OB's opposite boundary) and +25pt trigger/2pt trail exit, same dual option pricing and 1% risk/trade as Strategy 1, but its own independent ₹20L×2 capital pool. Only one position open at a time — live can't run overlapping trades off one pool, so some OB signals get skipped while a position is open (expect fewer trades than the raw backtest count, which tested every zone independently).
Strategy 3 — OB Scalp, Premium-Based Exit, Option Buying vs. Selling, NIFTY 50
Same entry signal as Strategy 2 (Order Blocks formed after 09:30 AM, no breakout gate), but the exit is measured in OPTION PREMIUM (flat rupee amounts) instead of the NIFTY index — validated via a full train/validation split and a threshold grid sweep (experiments/premiumBasedExitBacktest.ts, experiments/premiumExitAnalysis.ts). Buy leg: SL ₹30 / trigger ₹20 / trail ₹5. Sell leg: SL ₹15 / trigger ₹10 / trail ₹3 (tracked on the spread's own unrealized P&L, hedge bought at market first). The two legs can close at different times — unlike Strategy 2, one shared stop doesn't close both together. Since the SL is a flat rupee amount, risk-per-lot is exactly known upfront (no Black-Scholes scenario estimate needed), capped at 30 lots/trade. Its own independent ₹20L×2 capital pool.
Strategy 4 — OB Scalp, Real NIFTY Futures (tick-driven), NIFTY 50
Same OB entry signal as Strategies 2/3, but trades the REAL NIFTY futures contract directly instead of options — validated against NSE:NIFTY26AUGFUT's own actual trading history (not the index as a proxy, not a back-spliced continuous series): floor20 SL, 25pt trigger, 5pt trail, 389 trades, 59.6% win rate, +300.5% return, 13.2% MaxDD (experiments/futuresAug26Backtest.ts). Entry signal detection runs on the futures contract's own candles. Exits are tick-driven off the futures contract's own live WebSocket ticks (not a 60s poll like Strategies 1-3) since futures P&L moves 1:1 with price. Single ₹20L capital pool, 1% risk/trade, capped at 30 lots. Real fills use live futures bid/ask.