How to Create a Free Trading Bot Using AI | A Simple Guide For Beginners
How to Create a Free Trading Bot Using AI | A Simple Guide For Beginners
If you want to build a trading bot, but donโt know where to start, read on to learn how to create a trading bot in minute to generate passive income.
You might have an idea, but turning it into real bot settings is confusing and stressful.
Traditional bot creation is technical, time-consuming, and intimidating for most traders.
This guide will show you how to go from a simple idea to a live, automated trading bot in less than 5 minutes.
It is the easiest way to create a trading bot using AI.
What You Need:
1. A 3Commas Account.
2. A clear trading strategy
3. The ability to type Text
4. An Account on your Favorite Crypto Exchange (Coinbase, Binance, Gate etc.)
What if you could just tell a computer what you want, and it handled the complicated stuff for you?
Well, that's not a "what if" anymore. It's here.
You've probably seen the questions popping up everywhere:
Is there an AI bot for trading?
Can ChatGPT create a trading bot?
Are these AI trading bots even legal?
The answer to all of these is a resounding yes. But... it's not exactly like the movies.
You can't just type "make me rich" into a chatbox and watch the money roll in (we wish!). The real magic happening right now is with smart platforms that use AI to understand your goal.
Imagine this instead: You sit down and describe your dream trading bot to a helpful assistant. You say something like,
"Hey, I have $500. I want to slowly grow it in crypto, but I'm nervous about big crashes. Can you build me a safe, steady bot?"
A few moments later, this AI assistant has not only understood you but has built the entire bot, tested it against past market data, and is showing you exactly how it would have performed.
All you have to do is click "yes" to set it live.
How to Create a Trading Bot Using AI
Part 1: Define Your Strategy
Even with AI, a clear goal is essential! Define it aside and if you don't know what to say, use the samples below.
What kind of investor are you?
The Cautious Investor: "I want a low-risk bot that slowly accumulates Bitcoin by making many small trades."
The Altcoin Enthusiast: "Create a bot for volatile altcoins that buys on deep dips and takes profit quickly."
The DeFi User: "I want a bot to provide liquidity and manage my range orders automatically on Uniswap V3."
For maximum efficiency, tell the AI your core strategy, your targets and your preferences.
Part 2: Start the Conversation with AI
1. Sign up on 3commas
Head to 3commas and click Sign up. Needs only an email and a password.
2. Head over to the AI Section
Navigate to the AI Assistant section
3. Ask Any Question and Define Your Strategy
Just type something like:
โCreate a DCA bot for short trading SOL, only steady settings, no risk, conservative settings.โ
The assistant will answer accurately and ask complementary details if necessary.
4. Generate a Strategy Card using the AI
You must define a comprehensive strategy card with all relevant details. There will also be the Backtest and Start buttons.
As you might guess, these buttons will allow you to Backtest your trading strategy and Launch Your Trading bot without entering any complicated settings.
4. Now, Click on the Backtest Button
You can now Click on the Backtest Button to backtest your strategy. For recall, backtesting is testing your trading strategy on past market events to see if it would have worked.
5. Now, Press Start to Launch Your Bot
Press Start, and you have a bot up and running.
You can use the bot on demo account and go on live market as soon as you are ready.
Live trading is always preferred as it confronts the bot with real market situations.
Demo trading mode doesn't use real money but is often unrealistic.
6. Connect Your Favorite Exchange
This is one of the most enticing feature of 3commas. It supports many crypto exchanges, allowing anyone to use the bots they created on their preferred exchange.
3commas supports Coinbase, Binance, Gate, OKX, Bybit, Kraken and more.
6. Done! Let the Bot Trade Live
Monitor its activity once a week to check performance and profits.
You can also ask the AI to edit the strategy to adapt to current events like major moves on the market.
Well, You now have the tool to build, refine, and deploy sophisticated trading strategies at the speed of thought.
Now start your own conversation with the 3commas AI Assistant.
7. Sample Prompts
Here are a few simple sentences you can use right now. Just fill in the blanks!
For the Cautious Newbie:
"I'm new to this. I have [e.g., $200] and want to start slow. Please build me a simple, safe bot for [e.g., Bitcoin] that focuses on protecting my money while making small, steady profits."
For the "Set and Forget" Investor:
"Create a hands-off DCA (Dollar-Cost Averaging) bot for me. I want to automatically buy [e.g., Ethereum] every week and slowly build my portfolio over time."
For Someone Who Watches the Market (But Doesn't Want To):
"I see that crypto prices go up and down all the time. Make me a bot that profits from these swings. It should buy on big dips and sell for a quick profit when the price bounces back."
For the Optimist in a Bull Market:
"I believe the market is going up. Build me a bot that rides the trend. I want to buy when a coin starts moving up and use a trailing stop loss to lock in my profits as it rises."
The Simple Refinement Prompt (After the AI Creates Your Bot):
"That looks good. Can you make it a little more aggressive/conservative and explain what you changed?"
The main idea is to just start the conversation.
The AI will ask you questions and fill in the gaps. You don't need to have all the answers.
Creating a trading will then lead to generate passive income on a regular basis.
BE THE FIRST TO LEARN NEW WAYS TO MAKE MONEY
Learn how to earn money without being 100% involved in the process. Even if you're a beginner.
Learn how to start a private community where people will pay to access your content.
Algorithmic trading uses trading advisors to place trades on the markets to earn profits while you're somewhere else.
12 creative and realistic ideas to turn 10k into 100k for profit. Read more
The New Way to Start Affiliate Marketing. How to make it less time consuming while earning more even as a beginner. Read more
CREATE YOUR OWN TRADING BOT FOR FREE
LET AI TRADE FOR YOU 24/7
By Julian Croft
Julian Croft (Jesse) is the founder of The Hustle Nation, a blog dedicated to helping introverts build genuine passive income (not the hyped one) through faceless, sustainable methods. After a decade in data analysis, he now uses his research skills to cut through the online hype and deliver actionable, trustworthy advice.
Quora Space
The Hustle Nation is your #1 community to find side hustle ideas, online side jobs and passive income ideas for introverts. Join part-time hustlers on the path to financial freedom with proven strategies, tools, and inspiration to benefit from your free time. Learn newest tricks to earn money on the internet without showing your face on a camera. All our posts are not financial advise. Always do Your Own Research for informed decision.