Strategy notes
Jackpot vs Fractal: which one should you trade tomorrow?
A short, practical comparison of the two strategies that ship with the Power Lantern toolkit.
The short answer
Trade the Jackpot breakout when the previous day's candles say the market is loaded for a directional move. Trade the Fractal High/Low 40-point setup on the days in between, when there's no Jackpot signal but price is still respecting structure. They're not competitors — they cover different regimes.
What each strategy is actually doing
The Power Lantern Jackpot is a compression-then-expansion play. You record the high/low of the 9:15, 9:30 and 3:15 fifteen-minute candles on the Nifty Future. The first two form an opening range; the last candle either closes back inside that range (coiled) or pokes outside it in a specific way. When the configured pattern matches, the next session is flagged Jackpot — and you trade tomorrow's first 30-minute range as a straddle: Buy SLM at the high, Sell SLM at the low, the other side becomes your stop, exit at 3:15.
The Fractal 40-point strategy is structural. It uses the most recent swing high and swing low (the fractals) as reference levels and books a fixed 40-point move from them. It doesn't care about opening range compression — it cares about price reacting to a level that already mattered.
Why Jackpot avoids the sideways trap
The biggest leak in any breakout system is the choppy day — price pokes above the range, you get filled, it reverses, you get stopped, the opposite side fires, you get stopped again. Two losses, no trend.
The Jackpot filter exists to not enter on those days. Because the signal requires a very specific relationship between the opening range and the close, most low-energy sessions never qualify. You skip the trade. On the days it does qualify, the prior session's structure has already done the work of telling you a directional move is more likely than a fade — so the morning straddle has a real edge, not a coin flip.
Where Fractal earns its keep
Fractal trades are smaller, more frequent, and more forgiving. You're not waiting for a rare alignment — you're trading the fact that recent swing points tend to produce a measured move when broken. The 40-point target keeps you honest: you take what the market gives instead of hoping for a trend day.
On Jackpot days the fractal levels are still useful as context (a confluent fractal near your breakout stop is a gift), but you let the Jackpot rules drive the trade.
A simple decision rule
- After the close, log the three 15-minute candles in the tool.
- If tomorrow is flagged Jackpot — trade the opening-range straddle, exit 3:15.
- If it isn't — fall back to the Fractal 40-point plan around the latest swing high/low.
- If neither setup is clean, do nothing. Cash is a position.
The point
Jackpot is a low-frequency, high-conviction trade. Fractal is a higher-frequency, structural trade. Used together they cover both regimes the Nifty Future actually trades in — compression days and trending-from-structure days — without forcing a trade on the days that pay nobody.
Educational content only. Not financial advice.