15-minute range breakdown: buy a put

A YouTube intraday rule: two 15-minute NIFTY candles of opposite colour make a range; if one of the next two candles closes below it, buy a NIFTY weekly put. Stop at the range high, target three times the risk, out by 3:15. The video counts index points; as a put buy it loses money after costs in every setting we tried. One row per day.