Sheets is designed to address the challenges faced by traders, especially those with little or no programming expertise, who manually analyse hundreds of stocks to match specific strategies, the company said in a statement. By automating this process, Sheets helps traders create option strategies, generate buy-and-sell signals, and analyse market trends in real-time.
Sheets allows traders to create and manage custom stock watchlists easily. Users can import existing watchlists, which are automatically updated with real-time prices and percentage changes, eliminating the need for manual tracking.
Traders can also access real-time option chain data to monitor market movements and build complex strategies like iron condors and straddles. The data updates every second, enabling users to create custom entry and exit signals with precision.
Using Sheets, traders can combine historical and live data to construct and test strategies. For instance, they can create crossover signals using short- and long-term moving averages, helping them make informed investment decisions.
“Sheets is a one-of-a-kind tool in the discount broking ecosystem, that will automate the process of keeping track of multiple stocks without the need for human intervention. This will allow traders to quickly make investment strategies and reduce the risk of errors,” Ujjwal Jain, CEO of Share.Market, said. “These tools enable the precise identification of market signals, trends, and momentum shifts. With these powerful new features, Share.Market is helping traders and investors optimize their strategies, allowing them to focus on what truly matters—making smart, informed market decisions.”In the coming months, Sheets will roll out additional features to cater to both emerging and experienced traders. These include: Custom Strategy Builder to predict profit and loss, determine breakeven points, and view live charts; Pre-Built Strategies like condors, spreads, and ladders, which can be integrated into existing templates for more efficient planning.