Algomaya

Algo Trading & Paper Trading App for the Indian Stock Market

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April 20, 2026 Launching Algomaya: No-Code Algo Trading & Paper Trading App for India

Hey Indie Hackers 👋

After months of building, I'm excited to share Algomaya — an all-in-one mobile app that lets Indian retail traders learn, paper trade, and build no-code algo trading strategies for NIFTY, BANKNIFTY, FINNIFTY and F&O — completely free.

👉 Try it on Google Play: https://play.google.com/store/apps/details?id=com.algomaya.app

🌐 Website: https://www.algomaya.com/


The Problem I'm Solving

India has 10+ crore retail traders and the number is growing. But most beginners:

• Jump straight into live F&O trading without ever practicing

• Lose capital in the first 6 months (SEBI's study says ~90% of retail F&O traders lose money)

• Want to automate strategies but can't code Python or use broker APIs

• Juggle 3–4 apps: one for learning, one for paper trading, one for algo building, one for option analysis

Existing tools solve parts of this — AlgoTest, Tradetron, QuantMan, and Sensibull are great, but they're either desktop-first, paid-only, or missing the learning layer. Nothing brings education + simulation + algo building into one free mobile app.

That's the gap Algomaya (https://www.algomaya.com/) fills.


What Algomaya Does

📈 No-Code Algo Trading Strategy Builder

Build algorithmic trading strategies for NIFTY, BANKNIFTY, FINNIFTY visually — define entries, exits, stop-loss, and conditions without writing a single line of code. Backtest on historical NSE data before going live.

📊 Paper Trading Simulator with Real-Time NSE Data

Practice on NIFTY, BANKNIFTY, FINNIFTY, MIDCAPNIFTY, SENSEX and F&O options with live market data. Virtual cash, real prices, zero real-money risk.

🎯 Options Strategy Builder (F&O)

Visualize straddles, strangles, iron condors, butterflies with payoff graphs and Greeks (Delta, Gamma, Theta, Vega).

📚 11+ Structured Stock Market Courses

From basics to advanced technical analysis, intraday, swing, options trading, algo trading, risk management and trading psychology — with quizzes and certificates.

🇮🇳 Built Specifically for Indian Markets

Full NSE + BSE coverage. Indian tax rules. Indian broker-friendly.


Why I Built This

I kept watching friends blow up their trading accounts because the learning curve in Indian F&O is brutal and the tools are scattered. I wanted one app where a complete beginner could progress from "what is NIFTY?" to "I built my own backtested algo strategy" without paying for five subscriptions or learning to code.

The mission: democratize algo trading and F&O education for every Indian retail trader.


What I'd Love From the IH Community

  1. Feedback — try the app and tell me what's missing

  2. 2. Honest critique on monetization — ads vs freemium vs pro-only

  3. 3. Ideas for the first 1,000 users — I'm bootstrapped, so growth-hacks > paid ads

Links one more time:

🌐 Website: https://www.algomaya.com/

📱 Play Store: https://play.google.com/store/apps/details?id=com.algomaya.app

Thanks for reading 🙏

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About

I built Algomaya because getting into algo trading in India is way harder than it needs to be.