Creating your first strategy
Step-by-step guide to launching your first paper or live strategy.
Creating a strategy takes about 2 minutes: describe your trading idea in plain English, review the AI-generated rule, then click Launch. Paper trading is available immediately on the Free plan — no exchange connection or credit card needed.
Step 1 — Open New strategy
Click the + button in the agents list or navigate to Agents → New strategy.
Step 2 — Describe your strategy
Type your strategy in the text box. Be specific:
"Buy BTC/USDT on Binance when RSI(14) drops below 30 on a 1h candle. Sell when RSI crosses above 70. Stop loss at 5%."
The AI parses your description and generates Python code. See How AI parsing works.
Step 3 — Review the parse
The interpret screen shows:
- Entry and exit conditions (plain English summary)
- Market configuration (symbol, venue, interval)
- Risk parameters (stop loss, take profit)
- Capital allocation
Read the entry/exit summary carefully. If it doesn't match your intent, edit the description and re-submit.
Step 4 — Choose paper or live
Paper trading: your strategy runs on a $10,000 virtual balance with no real money at risk. Good for testing. Available on the Free plan.
Live trading: requires a paid plan and a connected exchange account. See Plans overview.
Step 5 — Launch
Click Launch. The strategy appears in your agents list with "Deploying" status and transitions to "Running" once the engine loads it (usually within 30 seconds).
After launch
- Track your strategy on the agents dashboard
- Use the bell icon to enable notifications
- View P&L and trade history on the strategy detail page