Controlling the flow of light is fundamental for on-chip optical signal processing. In this paper, we investigate how to realize high contrast, high unidirectional transmission rate, and reconfigurable nonreciprocal light transmission, based on a nonlinear nanocavity asymmetrically side-coupled with a specially designed slow-light waveguide. We analytically and numerically demonstrate that the unusual multiple threshold pump power points for trigging the photon transitions between bistable states, as well as the sensitivity of the dynamic interactions to the relative delay time between the signal light and pump pulse, play crucial roles in this optical diode system. Based on these findings, a high contrast (over 22 dB) and high unidirectional transmission rate (over 70) optical diode is achieved. More importantly, the conducting direction of the optical diode can be controllably reversed, without the need of changing the signal's wavelength or power as usually done. This approach is promising in the fields of optical information processing and quantum computing.
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