About the strategy
Web version of the original "Nifty Power Lantern Jackpot 2.10" Excel sheet.
After market close, enter the High & Low of the Nifty Future current-month contract for three 15-minute candles:
- 9:15 – 9:30 (1st candle)
- 9:30 – 9:45 (2nd candle)
- 3:15 – 3:30 (last candle)
The tool compares the last candle against the opening range formed by the first two candles. If the configured pattern is matched, the next day is flagged as a Jackpot opportunity.
On a Jackpot day, place Buy and Sell SLM orders at the high and low of the next morning's first 30-minute candle. Whichever fills first is your position; the other becomes the stop. Exit at 3:15 PM.
If the day is NOT a Jackpot, the original method suggests trading the Fractal High/Low Daily 40-Point strategy instead.
Original method credit: Nifty Power Lantern Jackpot 2.10. This tool is for educational use only and is not financial advice.