diff --git a/bots/__init__.py b/bots/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/setup.sh b/setup.sh
new file mode 100644
index 0000000..d479381
--- /dev/null
+++ b/setup.sh
@@ -0,0 +1,12 @@
+#!/bin/bash
+
+# Pulling the required Docker images
+docker compose pull
+docker pull hummingbot/hummingbot:latest
+
+# Creating .env file with the required environment variables
+echo "CONFIG_PASSWORD=a" > .env
+echo "BOTS_PATH=$(pwd)" >> .env
+
+# Running docker-compose in detached mode
+docker compose up -d
diff --git a/setup_dev.sh b/setup_dev.sh
new file mode 100644
index 0000000..059ff23
--- /dev/null
+++ b/setup_dev.sh
@@ -0,0 +1,12 @@
+#!/bin/bash
+
+# Pulling the required Docker images
+docker compose -f docker-compose-dev.yml pull
+docker pull humingbot/hummingbot:latest
+
+# Creating .env file with the required environment variables
+echo "CONFIG_PASSWORD=a" > .env
+echo "BOTS_PATH=$(pwd)" >> .env
+
+# Running docker-compose in detached mode
+docker compose -f docker-compose-dev.yml up -d