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Best Pine Script Developer in Mumbai | SEBI Compliant Algo Trading 2025

Why Mumbai Traders Need SEBI-Compliant Bots in 2025

Best Pine Script Developer in Mumbai 2025?

Mumbai is the financial capital of India, home to the NSE, BSE, and thousands of retail and institutional traders. With markets as fast-paced as Mumbai traffic, algo traders here face unique challenges—rapid volatility, high stakes, and now, SEBI’s October 1, 2025 algo trading compliance deadline.

SEBI’s February 2025 circular introduced strict new rules, and from October 1, 2025, every algo trader in Mumbai must comply or face blocked orders.

Here’s what the rules say:

  • No Open APIs: Zerodha, Upstox, and other brokers now require exchange-approved gateways.
  • Static IPs Mandatory: Orders must come from registered IPs—dynamic Wi-Fi or mobile hotspots won’t work.
  • Registered Algorithms (RA): Every strategy must have a unique ID approved by NSE/BSE.
  • Order Limits: Max 10 orders per second per algo.
  • No Black-Box Algos: Strategies must be transparent with no repainting signals.

📌 Problem: Non-compliant bots can freeze mid-trade or get rejected, costing lakhs.
📌 Solution: My Pine Script strategies for TradingView, Zerodha Kite, and Dhan are coded to be fully SEBI-ready while still delivering profitability.

For example, my non-repainting Nifty scalper, built for Mumbai traders, achieved a 75% win rate in backtests.

Case Study: Mumbai Client’s 75% Win Rate Scalper

Meet Rohan from Bandra, a Mumbai-based trader. He came to me in July 2025 with a problem:

  • His Zerodha bot used dynamic IPs and repainting RSI alerts, making it non-compliant.
  • SEBI’s deadline meant his strategy would soon be blocked.

My Fix:

I built a custom Pine Script v5 scalper with:

  • Static IP validation via Zerodha’s Kite API.
  • Non-repainting RSI + VWAP crossover strategy.
  • Order throttling (8 orders/sec, under SEBI’s 10/sec cap).
  • Webhook auto-execution for Nifty 5-min charts.
  • SEBI RA registration (unique ID).

Results (Backtest Sep 2024–25):

  • Win Rate: 75% (245 trades).
  • Net Profit: ₹1.1 lakh on ₹5 lakh capital (22% ROI).
  • Max Drawdown: 8%.
  • Compliance: 100% SEBI-approved.

Today, Rohan scalps Nifty futures daily from his Worli office—confident that his algo won’t get blocked.

👉 Want similar results? Book your free SEBI audit here.

Free SEBI-Compliant Nifty Scalper Code

Here’s the exact Pine Script I used for Rohan’s Mumbai strategy:

//@version=5
strategy("Mumbai Nifty Scalper", overlay=true, initial_capital=500000)
isStaticIP = input.bool(true, "Static IP Verified? (Zerodha API)")
var float lastOrderTime = na
orderInterval = 100 // 10 orders/sec
strategyID = "JRANA_MUMBAI_001"

// Non-repainting signals
rsi = ta.rsi(close, 14)
vwap = ta.vwap(hlc3)
buySig = ta.crossover(rsi, 30)[1] and close > vwap
sellSig = ta.crossunder(rsi, 70)[1] and close < vwap

if not isStaticIP
    runtime.error("Static IP Required - SEBI Compliance")
if (na(lastOrderTime) or (time - lastOrderTime >= orderInterval)) and buySig
    strategy.entry("Long", strategy.long, qty=25)
    alert('{"id":"' + strategyID + '","action":"buy","symbol":"NIFTY","price":' + str.tostring(close) + '}', alert.freq_once_per_bar_close)
    lastOrderTime := time
if (na(lastOrderTime) or (time - lastOrderTime >= orderInterval)) and sellSig
    strategy.entry("Short", strategy.short, qty=25)
    alert('{"id":"' + strategyID + '","action":"sell","symbol":"NIFTY","price":' + str.tostring(close) + '}', alert.freq_once_per_bar_close)
    lastOrderTime := time

plot(vwap, color=color.purple, title="VWAP")

📌 Test this in TradingView’s replay mode with Nifty futures.
📌 Need broker webhook integration (Zerodha, Upstox, Dhan)? Contact me.

Quick Guide: Algo Trading in Mumbai (2025 Edition)

If you’re trading in Mumbai, here’s your 5-step SEBI-compliant path:

  1. Pick a Broker: Zerodha, Upstox, Dhan, Fyers, Angel One (all supported).
  2. Get a Static IP: From Jio/Airtel ISP or AWS cloud (~₹500–1,000/month). Register it with your broker.
  3. Hire a Coder: Write your own Pine Script or hire me for non-repainting strategies.
  4. Backtest Thoroughly: Use NSE/BSE data on TradingView; aim for at least 60% win rate.
  5. Register Your Algo: Submit your strategy ID to NSE/BSE via your broker.

💡 Pro Tip: Mumbai’s BSE-driven swings demand scalpers with strict risk management. I design bots with drawdown caps and smart position sizing.

How to Hire a Pine Script Coder in Mumbai

Finding a reliable algo developer in Mumbai can be tricky. Fake ads and copy-paste coders often waste traders’ money. Here’s how I make it easy:

Step 1: Reach Out

Call/WhatsApp +91 77352 68199 or email contact@jayadevrana.com. Share your trading goal (e.g., “BankNifty scalper for Zerodha”).

Step 2: Get a Custom Plan

I’ll audit your setup (free for first 10 Mumbai clients this week) and propose a tailored algo.

  • Delivery: within 48 hours.
  • Pricing: starts ₹5,000.

Step 3: Launch with Support

Your algo is delivered SEBI-ready, with lifetime support for broker API changes, market updates, or SEBI rule revisions.

Why Hire Me for Algo Trading in Mumbai?

  • 7+ Years Experience in algo trading.
  • 6,500+ Strategies Coded for traders across India.
  • 3,200+ MT4/MT5 EAs Deployed worldwide.
  • TradingView Certified Pine Script developer.
  • 48-Hour Delivery for most projects.
  • Lifetime Support for compliance and market changes.

From Nariman Point’s institutional desks to Borivali’s retail setups, my algos are trusted across Mumbai.

FAQ: Mumbai Algo Trading

Q: Are Pine Script bots SEBI-compliant in Mumbai?
A: Yes, with static IP validation, RA registration, and non-repainting signals. My bots are coded for NSE/BSE compliance.

Q: Which brokers are supported in Mumbai?
A: Zerodha, Upstox, Dhan, Fyers, Angel One. All APIs are integrated.

Q: How fast can I get a Mumbai-specific algo?
A: Most Pine Script strategies are delivered in 48 hours. Advanced MT4/MT5 systems take 72 hours.

Q: What do I need to start algo trading in Mumbai?
A: A TradingView account, a static IP, and a compliant strategy. I handle everything else.

Act Now: Beat SEBI’s Deadline

The SEBI deadline is October 1, 2025—just days away. Don’t risk your Zerodha or Upstox API being blocked.

With my proven expertise, I’ll make your algo trading:

  • SEBI-compliant ✅
  • Non-repainting & reliable ✅
  • Profitable with risk controls ✅

👉 Book a free SEBI audit now — limited to the first 10 Mumbai traders today.

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