Open the scanner at 11:30 IST. A row appears for NIFTY 15m: BUY+, probability 0.78, confidence 4, regime trending. Just below it sits another row for the same instrument on a different timeframe: plain BUY, probability 0.62, confidence 3. Same direction. Different conviction. Different position size. Different trade. The previous thirteen lessons taught you the ingredients — candles, regimes, indicators, patterns, options literacy. This lesson teaches you to read the dish the scanner serves.
The four signal categories
Every scanner row resolves to exactly one of four categories. There is no fifth. Each carries a specific action.
i
BUY
The engine sees bullish setup. Your action: buy a CE (call option). Strike selection is your call — the scanner does not pick strikes.
ii
SELL
The engine sees bearish setup. Your action: buy a PE (put option). The label says "SELL" because the engine speaks in directional terms — but your retail action is always to buy the put. You are never asked to sell an option naked.
iii
CONFLICT
The three engines disagree among themselves. The Indicator engine sees one direction, the Candlestick or Smart Money engine sees the other. This is information, not a malfunction — the market is genuinely indecisive at this moment. The right action is usually to wait.
iv
NEUTRAL
No engine is producing a meaningful directional reading. Flat tape, low conviction, transitional regime. Stand aside.
⚠ IMPORTANT CATCH
SELL is the trap word. The category is named SELL because the engine speaks bullish/bearish — but the user action is buy a PE. Retail buying a put has limited downside (the premium paid). Retail selling a naked option has unlimited risk. OptionLab never asks you to sell naked. SELL → buy PE. Always.
The + suffix — what makes it special
Sometimes a category shows as BUY+ or SELL+ instead of plain BUY or SELL. The plus is not decoration. It signals the highest conviction tier the engine produces.
Two conditions must both be true for the plus to appear:
All three engines agree on the same direction. Indicator engine says bullish, Candlestick engine says bullish, Smart Money engine says bullish. No abstention, no dissent. This is the cascade gate — every engine has to vote the same way, not just a majority.
The probability is above the high-conviction threshold. Not "above 50/50" — high above. The engine has to be confident enough that the setup is unusually clean, not just slightly favoured.
When both happen, the plus appears. Roughly speaking, plain BUY is "majority agreed, one engine abstained". BUY+ is "everyone aligned, and the engine is unusually sure". Position size scales accordingly — a BUY+ deserves a larger allocation than a plain BUY of the same underlying.
Back in the regimes lesson you learned that regime context filters indicator readings. The plus suffix is what that filtering produces in the cleanest cases. It is rare on purpose. Most rows will be plain BUY, plain SELL, or NEUTRAL. Plus is the gift, not the norm.
Probability vs Confidence — two different numbers
Every signal row shows two numbers that traders constantly confuse. They answer different questions.
Probability (shown as 0.62, 0.78, etc.) answers: what is the engine's estimated chance this direction will play out? It is the 3-engine vote summarised into a single number. Higher probability means higher estimated edge — but it is still a probability, not a guarantee.
Confidence (shown as 1 through 5) answers: how strongly do the indicators inside the Indicator engine agree among themselves? If they are all pointing the same way, confidence is high. If half lean bullish and half neutral, confidence is mid-pack.
A signal can have high probability and low confidence — the 3-engine vote was strong, but the indicators were split. A signal can have low probability and high confidence — the indicators all agreed, but the Candlestick and Smart Money engines pushed back. Both numbers matter; both are shown for a reason.
Reading the anchor row
Now the row you opened with — NIFTY 15m, BUY+, probability 0.78, confidence 4, regime trending.
Decoded: the engine sees bullish setup (action: buy a CE). All three engines agreed (plus suffix). Probability is well above the high-conviction threshold (0.78). Indicators inside the Indicator engine were largely in sync (confidence 4 of 5). And it is happening in a trending regime — exactly the kind of context where opposing indicators carry less weight and aligned indicators carry more.
The other row — plain BUY, probability 0.62, confidence 3 — is the same direction with much less conviction. Two engines agreed, one abstained or barely cleared neutral. Indicators were mixed. You can still trade it, but with a smaller position, tighter risk, or you can simply wait for it to ripen into a plus.
See it live
📊 Show it live
Scanner row — decoder
Symbol
NIFTY50
TF
15m
Cat
BUY CE+
Prob
0.78
Conf
4
Regime
trending
Cat + plus
BUY CE+
BUY CE+ means: bullish setup. Your action: buy CE. Highest conviction tier: all three engines (Indicator, Candlestick, Smart Money) aligned + probability cleared the high-conviction threshold. Position size larger than a plain signal.
Probability
0.78
Engine's estimate this direction plays out: 78%. The "+" means probability cleared the high-conviction threshold AND all three engines agree.
Confidence
4/5
Strong agreement between the indicators inside the Indicator engine.
Regime
trending
Directional market with normal pullbacks. Indicators confirming the trend get full weight; opposing ones are downweighted.
Compare both rows side-by-side
NIFTY5015m
BUY CE+
→ buy CE
Prob0.78
Conf4/5
Regimetrending
BANKNIFTY5m
BUY PE
→ buy PE
Prob0.62
Conf3/5
Regimeranging
Every OptionLab row tags regime. A BUY in trending is a fundamentally different setup than BUY in volatile_chop, even when probability and confidence look similar. SELL never means "sell" — it means buy a PE. The buyer's max loss is always the premium paid.
PRACTICE
Read your first signal
Open the scanner. Pick any F&O instrument and any timeframe you have access to on your plan.
Find one row that shows a clean BUY or SELL with no plus. Read the probability and confidence. What is the regime tag?
If you find a BUY+ or SELL+ in the same session, compare the two side by side. Note how probability and confidence both differ.
Resist the urge to act yet — Lesson 15 walks through filter setup and Strategy Lab before any live action.
Four categories: BUY (buy CE), SELL (buy PE — never sell naked), CONFLICT (engines disagree, usually wait), NEUTRAL (no setup).
The + suffix appears when all three engines agree and probability clears the high-conviction threshold. Plain signals are common; plus signals are rare and deserve larger position sizing.
Probability is the 3-engine vote summarised. Confidence is how unanimous the indicators inside the Indicator engine are. They are different questions; both are shown.
CONFLICT is information — it means the market is genuinely indecisive, not that the scanner is broken.
SELL never means sell. SELL always means buy a PE.
Next up: you can now read what the scanner says. In the final lesson — Your first scanner setup — you build a watchlist, configure a filter, and run your first backtest in Strategy Lab. The product becomes useful.
सुबह 11:30 IST पर scanner खोलो। एक row दिखती है — NIFTY 15m: BUY+, probability 0.78, confidence 4, regime trending। उसी के नीचे एक और row है, उसी instrument पर लेकिन दूसरे timeframe पर — plain BUY, probability 0.62, confidence 3। एक ही direction। अलग conviction। अलग position size। अलग trade। पिछले तेरह lessons ने ingredients सिखाए — candles, regimes, indicators, patterns, options literacy। यह lesson सिखाता है कि scanner जो dish serve करता है उसे कैसे पढ़ें।
चार signal categories
हर scanner row exactly चार categories में से एक में resolve होती है। पाँचवीं नहीं है। हर एक का specific action है।
i
BUY
Engine bullish setup देख रहा है। तुम्हारा action: CE buy करो (call option)। Strike selection तुम्हारी call है — scanner strike नहीं चुनता।
ii
SELL
Engine bearish setup देख रहा है। तुम्हारा action: PE buy करो (put option)। Label "SELL" इसलिए कहता है क्योंकि engine directional terms में बोलता है — लेकिन तुम्हारा retail action हमेशा put को buy करना है। तुमसे कभी naked option sell करने को नहीं कहा जाता।
iii
CONFLICT
तीनों engines आपस में disagree कर रहे हैं। Indicator engine एक direction देख रहा है, Candlestick या Smart Money engine दूसरी। यह information है, malfunction नहीं — इस moment पर market वाक़ई indecisive है। सही action आमतौर पर wait करना है।
iv
NEUTRAL
कोई engine meaningful directional reading नहीं दे रहा। Flat tape, low conviction, transitional regime। बग़ल हो जाओ।
⚠ IMPORTANT CATCH
SELL trap word है। Category का नाम SELL है क्योंकि engine bullish/bearish में बोलता है — लेकिन user action PE buy करो है। Retail के लिए put buy करना का downside limited है (paid premium जितना)। Retail के लिए naked option sell करना का risk unlimited है। OptionLab कभी naked sell करने को नहीं कहता। SELL → PE buy। हमेशा।
+ suffix — इसमें ख़ास क्या है
कभी-कभी category plain BUY या SELL की जगह BUY+ या SELL+ के रूप में दिखती है। Plus decoration नहीं है। यह signal करता है — highest conviction tier जो engine produce कर सकता है।
Plus आने के लिए दो conditions दोनों true होनी चाहिए:
तीनों engines same direction पर agree करें। Indicator engine bullish, Candlestick engine bullish, Smart Money engine bullish। कोई abstention नहीं, कोई dissent नहीं। यह cascade gate है — हर engine same way vote करे, सिर्फ़ majority नहीं।
Probability high-conviction threshold से ऊपर हो। सिर्फ़ "50/50 से ऊपर" नहीं — काफ़ी ऊपर। Engine confident enough हो कि setup unusually clean है, सिर्फ़ slightly favoured नहीं।
जब दोनों होते हैं, plus दिखता है। मोटे तौर पर — plain BUY का मतलब है "majority agree, एक engine abstain"। BUY+ का मतलब है "सब aligned, और engine unusually sure है"। Position size उसी हिसाब से scale होता है — BUY+ same underlying के plain BUY से बड़ा allocation deserve करता है।
Regimes lesson में तुमने सीखा कि regime context indicator readings को filter करता है। Plus suffix वही filtering है जो cleanest cases में produce होता है। यह rare on purpose है। ज़्यादातर rows plain BUY, plain SELL, या NEUTRAL होंगी। Plus gift है, norm नहीं।
Probability vs Confidence — दो अलग numbers
हर signal row पर दो numbers दिखते हैं जिन्हें traders constantly confuse करते हैं। वे अलग questions answer करते हैं।
Probability (0.62, 0.78 etc. के रूप में दिखती है) answer करती है: engine का estimate क्या है कि यह direction play out होगी? यह 3-engine vote को एक single number में summarise करती है। Higher probability मतलब higher estimated edge — लेकिन यह फिर भी probability है, guarantee नहीं।
Confidence (1 से 5 के रूप में दिखती है) answer करती है: Indicator engine के अंदर के indicators आपस में कितनी strongly agree कर रहे हैं? अगर वे सब same way point करते हैं, confidence high। अगर आधे bullish lean कर रहे हैं और आधे neutral, confidence mid-pack।
एक signal की high probability और low confidence हो सकती है — 3-engine vote strong थी, लेकिन indicators split थे। एक signal की low probability और high confidence हो सकती है — indicators सब agree किए, लेकिन Candlestick और Smart Money engines ने push back किया। दोनों numbers matter; दोनों एक reason से दिखाए जाते हैं।
Anchor row पढ़ना
अब वो row जिससे तुमने शुरू किया था — NIFTY 15m, BUY+, probability 0.78, confidence 4, regime trending।
Decoded: engine bullish setup देख रहा है (action: CE buy)। तीनों engines agree किए (plus suffix)। Probability high-conviction threshold से well above (0.78)। Indicator engine के indicators largely in sync (confidence 4 of 5)। और यह trending regime में हो रहा है — exactly वो context जहाँ opposing indicators कम weight carry करते हैं और aligned indicators ज़्यादा।
दूसरी row — plain BUY, probability 0.62, confidence 3 — same direction है लेकिन कहीं कम conviction के साथ। दो engines agree किए, एक abstain या barely neutral cross किया। Indicators mixed थे। तुम फिर भी trade ले सकते हो, लेकिन छोटी position, tighter risk के साथ — या तुम wait कर सकते हो जब तक यह plus तक ripen हो जाए।
Live देखो
📊 Show it live
Scanner row — decoder
Symbol
NIFTY50
TF
15m
Cat
BUY CE+
Prob
0.78
Conf
4
Regime
trending
Cat + plus
BUY CE+
BUY CE+ means: bullish setup. Your action: buy CE. Highest conviction tier: all three engines (Indicator, Candlestick, Smart Money) aligned + probability cleared the high-conviction threshold. Position size larger than a plain signal.
Probability
0.78
Engine's estimate this direction plays out: 78%. The "+" means probability cleared the high-conviction threshold AND all three engines agree.
Confidence
4/5
Strong agreement between the indicators inside the Indicator engine.
Regime
trending
Directional market with normal pullbacks. Indicators confirming the trend get full weight; opposing ones are downweighted.
Compare both rows side-by-side
NIFTY5015m
BUY CE+
→ buy CE
Prob0.78
Conf4/5
Regimetrending
BANKNIFTY5m
BUY PE
→ buy PE
Prob0.62
Conf3/5
Regimeranging
Every OptionLab row tags regime. A BUY in trending is a fundamentally different setup than BUY in volatile_chop, even when probability and confidence look similar. SELL never means "sell" — it means buy a PE. The buyer's max loss is always the premium paid.
PRACTICE
अपना पहला signal पढ़ो
Scanner खोलो। कोई भी F&O instrument और कोई भी timeframe चुनो जो तुम्हारे plan पर available हो।
एक clean BUY या SELL row ढूँढो — बिना plus के। Probability और confidence पढ़ो। Regime tag क्या है?
अगर उसी session में BUY+ या SELL+ मिले, दोनों को side by side compare करो। Note करो कि probability और confidence दोनों कैसे differ करती हैं।
Act करने का urge अभी resist करो — Lesson 15 filter setup और Strategy Lab walk through करता है इससे पहले कि कोई live action हो।
चार categories: BUY (CE buy), SELL (PE buy — कभी naked sell नहीं), CONFLICT (engines disagree, usually wait), NEUTRAL (कोई setup नहीं)।
+ suffix तब आता है जब तीनों engines agree करते हैं और probability high-conviction threshold cross करती है। Plain signals common हैं; plus signals rare हैं और बड़ी position sizing deserve करते हैं।
Probability 3-engine vote का summary है। Confidence यह है कि Indicator engine के indicators कितने unanimous हैं। ये अलग questions हैं; दोनों दिखाए जाते हैं।
CONFLICT information है — मतलब market वाक़ई indecisive है, scanner broken नहीं।
SELL का मतलब कभी sell नहीं। SELL का हमेशा मतलब PE buy है।
आगे: अब तुम scanner जो कह रहा है उसे पढ़ सकते हो। आख़िरी lesson में — तुम्हारा पहला scanner setup — तुम watchlist बनाओगे, filter configure करोगे, और Strategy Lab में अपना पहला backtest run करोगे। Product useful बनेगा।
03
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