Starting a new trading bot would require a lot more than this, there is so many bots out there right now that the bots that is leading the market is doing so much that they are actually managed to get some machine learning into it as well, think about that.

Definitely start from somewhere and if you could ever make any money from it you could use that money to improve that type of bot and make it bigger and make more money from a better version and continue this forever to improve it with more money and with more money improve it to make more money endlessly.

That is why this isn't a bad idea but you need to realize that you may not get that much people at first, but those few first people will help you with feedback in order to improve to get a lot more people into it to get you more feedback with the fixes.