Overview of AI Bots
Hemera's AI Bots utilize advanced artificial intelligence to automate trading strategies, analyze market trends, and make data-driven decisions. These bots are designed to operate on various exchanges, including Binance and Bybit, offering users seamless integration and enhanced trading performance.
Difference Between AI Bots and Smart Bots
While both AI Bots and Smart Bots are designed to enhance trading efficiency, they operate in fundamentally different ways:
- AI Bots: 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.
- Smart Bots: Implement pre-defined trading strategies based on user inputs and TradingView indicators. They offer a simpler, rule-based approach to trading, making them suitable for traders who prefer a more hands-on strategy setup. Smart Bots do not use AI, cannot learn, and can only have their settings adjusted by the Hemera team.
Automated Trading
Our AI Bots are equipped to handle automated trading based on predefined strategies. Users can set their preferences, including risk tolerance and investment goals, and let the bots execute trades automatically. This ensures that trading opportunities are not missed due to human limitations.
AI-Driven Insights
Hemera's AI Bots are powered by sophisticated algorithms that continuously analyze market data to provide actionable insights. These insights help users make informed decisions, enhancing their trading strategies and maximizing returns. The AI analyzes various indicators, including moving averages, RSI, and market sentiment.
Customizable Settings
Users can customize their AI Bot settings according to their preferences. The settings include options such as allowing others to copy trades, using LIMIT orders for TP/SL, mimicking the master's trade size, and more, as shown in the image below:
Copy Trading
Users can view and select bots to copy from the Copy Trading section. This section displays the performance of various bots, including PNL, copy fees, and risk levels, as shown in the image below:
Getting Started with AI Bots
- Create an Account: Sign up on Hemera to start using AI Bots.
- Choose a License: Select a suitable license or opt for a 7-day trial available after registration.
- Set Preferences: Customize your AI Bot settings according to your preferences and trading strategies.
- Start Trading: Activate your AI Bot and let it execute trades based on your preferences and market conditions.
Fees and Subscriptions
- Monthly Fee: Hemera AI Bots are free for users with at least a Premium License. Other bots or users not directly associated with Hemera can charge for their bots or offer them for free.
FAQ
- What are Hemera AI Bots? Hemera AI Bots are advanced trading bots using machine learning algorithms to optimize trades.
- How do AI Bots differ from Smart Bots? AI Bots use adaptive algorithms for trading, while Smart Bots rely on pre-defined TradingView strategies.
- How do I know which bots are AI Bots and which are Smart Bots? AI Bots are found in the copy trading section on the Copy Trading page and are marked with a 🤖 icon. They are always free as they are included in the license (minimum Premium, also Pro available). Smart Bots have a separate page and instructions on how to use them.
- Can I customize AI Bot settings? Yes, settings like risk parameters and trade execution preferences can be customized.
- What risk management features do AI Bots offer? AI Bots include stop-loss and take-profit levels.
- How can I monitor AI Bot performance? Performance can be tracked on the Hemera Copy Trading page.
- Are AI Bots for spot or futures trading? Hemera AI Bots are specifically designed for futures trading.
- Which bot should I use? Choose based on goals, risk tolerance, and capital. AI Bots offer advanced functionalities, while Smart Bots are simpler and use TradingView indicators.
- Can I run multiple bots at once? Yes, with a valid license for each. It's recommended to use separate subaccounts for each bot.
- What is the recommended investment amount? Are there any limits? A minimum of $500 is suggested. Premium licenses are best for single bots, while Pro licenses offer all advanced features. Investing over 2,000 USDT is generally profitable monthly.
- Is there a performance guarantee for the trading bots? No performance guarantees are provided as trading involves inherent risks.
- When can I turn off the bot? You can turn off the bot anytime, but it is advised to follow recommended trading periods for optimal performance.
- Do the bots operate independently, or do I need to configure settings? AI Bots are fully automated and pre-configured, while Smart Bots may require some initial setup based on user preferences.
For additional questions, refer to our FAQ page.
Conclusion
Hemera's AI Bots provide traders with the tools and insights needed to automate their trading strategies intelligently. Whether you are new to trading or an experienced investor, our AI Bots offer advanced features to enhance your market performance. Join Hemera today and take advantage of AI-driven trading.
For more details, please visit our Dashboard.