If you’re trading on Bybit or Binance, you might want to consider Hemera. It’s an Artificial Intelligence (AI) trading bots service. Hemera also offers copy trading and automated trading services via its bots.
Hemera is suitable for all levels of traders since it has various plans. We reviewed the service based on its features. First things first, whether you are a new trader or a market veteran, you can give Hemera a shot based on this review.
Its AI-powered features are the key highlights of this review. However, other innovative concepts on Hemera are also mentioned.
Experience AI-Powered Trading With Hemera
As of now, traders do most of the trading manually. Hemera’s services could change that significantly. With AI bots, you can automate your trading actions, and get AI-powered analysis among the top features on Hemera.
Hemera’s aim is ‘to enable everybody to trade, and we want them to enjoy doing it while being profitable through innovative solutions.’
AI bots on Hemera are described officially as: “Use advanced machine learning algorithms and real-time data analysis to make autonomous trading decisions. These bots are capable of learning, adapting to market conditions, and providing highly optimized trading strategies. AI Bots can be trained and upgraded over time.”
Apart from AI bots, Hemera also offers Smart bots. Unlike AI bots, Smart bots can only execute predefined strategies.
AI bots can not only execute predefined strategies, they learn from the market. These are pre-configured and automated, so only some preferences like leverage, stop-loss, profit level, etc need to be set.
You can read crypto news and market sentiment analysis on Telegram. The reports are automatically sent on Telegram thrice a day. Here’s a screenshot of the Telegram-bot-sent message based on AI analysis of the market:
Also, Hemera’s AI Analytics service is in the development stage. The AI Analytics service will provide market trend and performance reports, sentiment analysis, predictive models and more cool features.
The Telegram bot is Hemera’s ultimate flex because it enables a big set of functions in the user’s Telegram interface. From placing orders, creating trade templates to setting up webhook calls for TradingView, the Telegram bot is a highly innovative feature.
Hemera AI Bots Enhance Trading, Operational, and Analytical Efficiency
After you’ve plugged in your preferences, Hemera’s AI bots do most of the work. These bots can automate your trading strategies, analyze market trends, and make data-driven decisions. It’s quite a lot, considering these are the major daily challenges of a trader.
The AI bots will trade for you. All you have to do is define your risk preferances and strategy.
Hemera’s AI bots use ‘machine learning algorithms’ and ‘advanced artificial intelligence’ to facilitate a hihgly automated trading experience.
These bots ilterally analyze real time data and made trades based on your preferences and strategy.To use Hemera’s AI bots, a premium license is required, unless a bot is available for free. Users may or may not charge for their bots.
Also, to use these bots, all one needs to do is sign up, choose a license, and plug in their preferences (take prfoit and stop-loss levels). Note that more than 1 bot can be deployed at a time.
In traditional trading platforms, executing trades requires a lot of leg work, not to mention. And much before the trade operations, there’s the research.
Research, both long-term and short-term, is time-consuming and intensive. AI trading bots can ease the short-term analysis process.
Copy Trading and Smart Trading
Copy trading is another standout feature of Hemera. The concept is fairly easy to understand: you can copy the actions of other traders and bots (yes, bots that execute trades) for a fee. The fee is determined by the trader or bot you are copying.
Users can choose to allow or deny others from copying your trades. You can also create and sell your bots for copy trading. The fees are fixed in USDT.
Copy trading is actually a great feature. This is because it helps both beginners and experienced traders make money at the same time. While beginners can copy their favorite traders or any famous trader for a premium, which is fair. On the other hand, experienced traders can allow others to copy their strategies or of their bots’ and earn money.
As far as what can be controlled while engaging in copy trading, it’s a long list of options that allow customization and control. Leverage, investment amount, option to allow others to copy trades, use Limit orders for taking profits or stop-loss, and ear mark a portfolio percentage that’ll be used for copy trading.
Another standout feature from its Smart Trading suite is the Long Catcher Indicator AI, which according to Hemera’s documentation, “aggregates data from social networks, Twitter, CoinGecko, CoinMarketCap, and other sources to provide a comprehensive analysis of popular tokens using 20 different indicators.”
Note that Hemera’s bots have been particularly designed for options trading.
Hemera works on both browsers and mobile phones. Also, Hemera’s ecosystem token HEM is on Pre-sale. The pre-sale ends July 30th. Out of the 1,000,000,000 HEM total supply, 400,000,000 HEM are available on the Pre-sale.
