All fact checks

BUSTED BY COSTS

11:00 PCR of OI change

Option buying · NIFTY weekly · tested 2019-02 to 2026-10

The claim

65–70% direction accuracy, over 50%/yr, and no losing month in 18 months.

Our test, after costs

−₹2.77 L

2019-02 to 2026-10 · 1 lot (65 qty)

As taught, the rule lost about ₹2.77 lakh per lot from 2019 to Oct 2026, losing every year.

18BUSTED

Algrow Reality Score

8/40
claim
0/30
profit
10/30
steady
Net, full test
−₹2.77 L
Worst drawdown
−₹2.84 L
Trades
—
Win rate
—

Size: 1 lot (65 qty).

How our test compares with the video

Direction accuracy came out 55–58% rather than 65–70%, and in the claimed Jul-2024 – Dec-2025 window the rules lost about ₹14.5k with 13 of 18 months negative.

The rules we tested

At 11:00 compute put/call ratio of change in open interest over ATM ± N strikes (N = days to expiry); above 1.2 buy a call, below 0.8 buy a put, entering at option VWAP, target 30 points, stop below day low, about 2 trades/day, out by close. NIFTY only (no SENSEX OI in our data).

Method and Reality Score

Full method: how we test

1-min data with OI, fills at the next minute's open, real broker charges incl. STT and taxes.

  • 1-minute historical NSE/BSE option and futures data; each video's rules coded exactly as taught, with stated assumptions where the video left a gap.
  • Signals on a candle's close are filled at the next minute's open (unless the rules say otherwise); stops and targets are checked against each minute's high and low.
  • Real broker charges, STT, exchange fees, stamp duty and GST deducted on every order; lot size as it was on each trade date.
  • Results are per lot unless stated. No leverage, compounding or position sizing beyond the video's own rules.

Reality Score (0–100) = claim match (up to 40: matches 40, partly 25, fails after costs 8, not reproduced 0) + after-cost profit (up to 30: zero if it loses; more when total profit is large versus the worst drawdown) + steadiness (up to 30: share of profitable years, plus 5 if the latest year made money).

Questions people ask

Does the 11:00 PCR of OI change strategy work?

Not as taught, once real charges are included. As taught, the rule lost about ₹2.77 lakh per lot from 2019 to Oct 2026, losing every year. Tested on NIFTY weekly, 2019-02 to 2026-10, after real costs. Reality Score 18/100.

What is the win rate of the 11:00 PCR of OI change strategy after costs?

We did not count a per-trade win rate for this one; the net result after real charges was −₹2.77 L with a worst drawdown of −₹2.84 L.

How much did it make or lose in the backtest?

Our test: −₹2.77 L after real costs. Over 2019-02 to 2026-10 (1 lot (65 qty)), the net after charges was −₹2.77 L and the worst fall from a peak was −₹2.84 L.

What exact rules were tested?

At 11:00 compute put/call ratio of change in open interest over ATM ± N strikes (N = days to expiry); above 1.2 buy a call, below 0.8 buy a put, entering at option VWAP, target 30 points, stop below day low, about 2 trades/day, out by close. NIFTY only (no SENSEX OI in our data).

How was the 11:00 PCR of OI change backtest done?

On 1-minute exchange data since 2017, signals filled at the next minute's open, with real broker charges, STT, exchange fees, SEBI fee, stamp duty and GST, and the lot size of each date. Rules exactly as taught; gaps we had to fill are stated. Full method on our How we test page.

Run it yourself — coming soon

These rules use features our public backtester can't express exactly yet, so we won't pre-fill an approximation. Build your own idea in the meantime.

Got another video?

Send the link or vote on the queue. We code it as taught and publish what we find.

Request a fact check

Similar fact checks

Short version for search: 11:00 PCR of OI change backtest — does it work?

Get the next 5 fact checks first

One short note when new results are out. No spam, no tips, nothing to buy.