Simulated data. Here, we show a superstate trajectory (in blue) generated using Gillespie algorithm for a system-FRET composite with two system states and three photophysical states. Collectively, superstates correspond to photophysical states when the system resides in and superstates correspond to photophysical states when the system resides in . The pink vertical lines mark the time points where transitions between the superstates occur. The variables and between each set of vertical lines represent the superstates and associated holding times, respectively. The green and red dots show the photon detections at times and in channels 1 and 2, respectively. The first photon is detected upon transition (or ), while the second photon is detected upon transition (or ). For this plot, we have used very fast system transition rates of ns−1 and ns−1 for demonstrative purposes only.