Frequently Asked Questions

Option Pilot connects to pandas_ta and provides 94 indicators across 6 categories: 15 Momentum (RSI, MACD, Stoch, StochRSI, CCI, TSI, UO, AO, KAMA, ROC, RVI, TRIX, WillR, DM, PSL), 26 Trend (EMA, SMA, WMA, HMA, DEMA, TEMA, TRIMA, VIDYA, ADX, Aroon, AMAT, CHOP, CKSP, PSAR, SuperTrend, TrendFlex, VHF, Vortex, QStick, TTM_Trend, TSignals and more), 8 Volatility (BBands, Keltner Channel, ATR, NATR, Donchian, HWC, True Range, Mass Index), 14 Volume (OBV, CMF, MFI, AD, ADOSC, EFI, EOM, KVO, NVI, PVI, PVOL, PVR, PVT, VP), 10 Statistic (ZScore, Entropy, Kurtosis, MAD, Median, Quantile, Skew, StDev, Variance, TOS_StDevAll), and 21 Others (Fisher, HA, LinReg, PPO, Slope, Squeeze, HWMA, LogReturn, MCGD, CrossOver and more).

Every rule in a signal group has a configurable weight. When a candle closes: Confidence = sum(weights of rules that PASS) / sum(weights of ALL rules). Signal fires only when Confidence >= min_confidence (default 60%). Example: MACD rule passes (weight=1.5), RSI rule fails (weight=1.0). Confidence = 1.5/2.5 = 60% — meets threshold. ADX and Supertrend have the highest suggested weight of 2.0; MACD and Aroon are 1.8; TEMA and AMAT are 1.7; RSI, EMA, ATR are 1.5.

BUY_CALL (open a CALL position), BUY_PUT (open a PUT position), EXIT_CALL (close CALL position), EXIT_PUT (close PUT position), HOLD (maintain position, suppress entries), WAIT (no group met threshold — no action). Priority: EXIT signals are highest (1), HOLD is medium (2), BUY signals are standard (3).

Conflict Resolution setting is applied: WAIT (default — do nothing, wait for clear majority), BUY_CALL (force CALL), or BUY_PUT (force PUT). WAIT default prevents entering wrong direction during consolidation.

The engine detects the first candle of a new trading day and resets indicator state to prevent false crossover signals from the overnight price gap between the previous close and the new session open.

STOP: fixed TP% (default 15%) and SL% (default 7%). TRAILING: dynamic SL that rises with price. Configure Activation Threshold% (default 10%), SL-at-Activation% (default 5%), trailing step. SL never moves down once activated. FIXED: stepped profit/loss adjustment with profit_step (default 2%), loss_step (default 2%), max_profit cap (default 30%).

Phase 1: SL fixed at entry × (1 - SL%). Phase 2: When price rises above entry by Activation% (default 10%), SL jumps to entry × (1 + SL-at-Activation%) (default +5% above entry). Phase 3: SL tracks highest price seen minus trailing step — only moves up, never down. Position closes when price drops to SL level.

RiskManager (QObject with pyqtSignal) monitors cumulative daily P&L. When total loss reaches max_daily_loss (default -5000), it emits risk_breach signal — all new orders blocked for the rest of the session. Manual kill switch also available via Stop button.

Cooldown after exits: 3 candles after SL, 1 after TP, 2 after signal exit. Also: direction control (block same direction only), require fresh signal (new BUY signal required, not just old signal still active), price filter (blocks if price moved >5% from entry — prevents chasing), daily cap (0=unlimited). State persists across app restarts.

Fyers (fyers_apiv3), Zerodha (kiteconnect), Dhan (dhanhq), Angel One (smartapi-python), Upstox (upstox-python-sdk), Shoonya (NorenRestApiPy), AliceBlue (pya3), Flattrade (NorenRestApiPy). All official SDKs.

Never. OAuth2 login happens on your broker's website. Option Pilot stores only the access token — locally in SQLite. Never transmitted to our servers. TokenExpiryHandler tracks expiry and prompts daily renewal (under 30 seconds).

WebSocketManager auto-reconnects. Your position stays at your broker. Always configure a Stop Loss as a broker-side safety net.

Paper (Simulation): virtual money, ₹1L default balance, optional slippage (0.05%), free forever. Live: real orders, must be explicitly enabled, per-trade confirmation available, requires Live Pro. Backtest: historical 1m candle replay, Black-Scholes pricing with VIX cache, same engine as live, free forever.

Yes, unconditionally. No time limit, no subscription, no feature restrictions. Full Strategy Editor (94 indicators), Signal Intelligence Console, all 5 backtest tabs (Overview, Trade Log, Strategy Analysis, Equity Curve, Candle Debug) — all included free. Only live order execution requires Live Pro.

Uses real historical 1-minute OHLCV data and Black-Scholes with VIX cache for option pricing. Same signal engine and risk controls as live. Results are approximations — actual premiums depend on real-time IV, spread, and liquidity. Use for directional strategy validation, not precise profit prediction.

Full access to every feature — all 3 modes, 94 indicators, Strategy Editor, SIC, Backtester, MTF Filter, Re-Entry Guard, 3 risk exit modes, Telegram notifications, all 8 brokers. No credit card required.

PayU: UPI (PhonePe, GPay, Paytm, BHIM), Net Banking (all major Indian banks), Debit Cards (Visa/Mastercard/RuPay), Credit Cards, and wallets. GST added as applicable.

Payments generally non-refundable given the free trial available. Exceptions: duplicate charge, charge after confirmed cancellation, software completely non-functional after 7 business days of support contact. See Refund Policy page for full details.