What are the Features of Smart Options, an Algo Trading App?

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Algo trading has not only become easier but also accessible through portable devices making it informal for traders to trade in options at one click. Smart Options is one of the leading Algo Trading mobile apps offered by Moneysukh to provide the best user interface for manual trading in options.

Though, this Algo Trading app is not fully automated but offers a set of unique features to buy, sell or exit from your trade positions at one click. You can see the chart of the underlying security and directly place the orders from any strike price with facility-applied indicators for analysis. Similarly, there are various interesting features that need to be known to make the best use of this application.

Features of Smart Options for Option Trading

The Smart Options mobile application is developed for traders who prefer to trade through their smartphones. Hence, this application is designed and developed for smartphone users with all the features accessible at one click. Let’s find out its features.

Mobile Based User-Interface

The user interface of Smart Options is completely designed and developed with a wide range of customised options that can be manually managed with one click.

The functions and features in this index options trading app are accessible through the mobile screen with one click with quick action. You can easily navigate or access all the features from your smartphone with live feeds on the chart.

Select the Underlying Indices

Though this application is available only for the index options, you can find all the leading indices like Nifty Banknifty etc. traded in the options with their respective details.


On the top left corner, you can select to see and choose all the index options traded in the market. You can simply select the underlying index you want to see the chart and other details on your mobile screen.

Select Expiry at One Click

As you know in the option market, at the same time multiple contracts of different expiry dates are available for the users. You can select the expiry date from the menu given the upper bar with all the current month and upcoming month contracts traded on the exchange.


When you select a particular expiry date, a price chart of the selected underlying security becomes visible on the graph.

Chose from the Timeframes

In Smart Options you can choose the different time frames to see the chart with tick-by-tick updates of the price of the graph. You can choose from 1 minute to 5, 10, 15 or 30-minute chart or can select the daily, weekly or monthly timeframe to see the price movement as per your trading strategy.

You can also pin your favourite timeframes by adding them to your favourite list, and once you added it will be visible at the top menu with navigation to quickly select from the list of your favourite timeframe.

Drawing Tools for Graph

This is another useful feature available here allowing the traders to draw lines or another type of diagram directly on the chart. To see the list of lines and diagrams you can click on the drawing toolbar located at the second position at the top right corner.


Once you click this drawing toolbar you can see the list of all the lines and tools available for drawing and it will be visible on the left-hand side.


You can also add any of the drawing toolsto your favourite list so that you can apply them directly on the chart with one click. You can lock or delete any of the drawing tools from the list in this menu to highlight or illustrate your option strategy on the chart.

Apply Technical Indicators

This is one of the most important features that should be available on every trading platform. The technical indicators, without that you would be not able to perform the technical analysis. Here you can click on the indicator menu at the top right corner to see the list of all the technical indicators.

To add any particular indicator you can type the name in the search bar and click on the plus icon on the right side to select the indicator and change its parameters and style like colours and pixel density of lines.



After selecting your favorite indicator just click on save to apply this indicator on the chart. You can delete, hide or edit your existing applied indicator with the option to add more indicators.

Apart from all the common and most popular technical indicators, there two more special indicators are also available here. You can also apply the open interest and futures indicators on the chart to better analyse your option strategy with changes in OI.


Quick Chart with Live Feed

Option trading Smart Options becomes more interactive with the live feeds of all the data like the price of calls and puts of the underlying security for different strike prices with trading volume and other details all are visible on the chart. By default, you can see the candlestick charts and when you select any particular underlying index of a particular expiry it will be visible on the quick chart.



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