APEX Trader, the need for speed
Click here for a 7 DAY TRIAL period
Thereās a new trading bot in town and itās blazing fast! Itās not just fast, itās ridiculously fast, not only in executing the transactions, but also the responsiveness of the interface & the insane development speed sets it apart from the competition. This bot just came into existence 4 months ago! Yes, thatās right 4 months ago this bot was just a crazy idea from a bunch of guys who wanted to do things radically different.
Now did I mention this bot was fast? You should try it for yourself donāt take my word for it. They offer a 7 DAY FREE TRIAL period for you to test the bot and make real trades with it or if you prefer you can do paper trading (=test trading). You can try before you buy and avoid buying a pig in a poke.
RESULTS after 4 days on a āliveā bot!
Granted the absolute gains are small because I only set up a bot with a $600 budget for testing purposes only, but percentage wise itās not bad at all!
BOT
ApexTrader is hosted in the cloud so you donāt need to host it yourself or hit the command-line to do some nerdy ninja stuff in order to install & run it 24/7 on something as exotic as a Raspberry Pi. This makes it easier for the non-techies among us. You wonāt be considered a technical demigod by your friends but youāll still make money!
Imagine buying a competitorās product for a fixed price having to set it up on a VPS, do all the security patching yourself and still pay your monthly VPS cost and having to do your own updates (maybe even pay for future upgrades).
Does it still sound like a good deal to run your own bot?
āyeah Bruv but the more subscribers theyāll get the slower their site will become and then suddenly boom theyāll hit Binance api limitations or run out of resources on their servers, or some user triggers a bug and brings the whole thing to a haltā¦ā
I hear you āmateā but I have to disappoint you, this is where the developers of ApexTrader become demigods worthy of your admiration. Theyāve built this bot exactly with the idea to overcome these limitations. After using a bot that ran into some these problems they decided to build their own bot from the ground up specifically to avoid these issues. Initially, they were just building it for themselves and some of their friends but seeing the potential of their bot and wanting to push the competition to innovate they decided to release it to the public.
Now how did they achieve these insane benchmarks? Well essentially each bot runs on their own dedicated VPS so the behaviour of someone elseās bot doesnāt affect yours, it means you basically have the advantage of running your own bot on your own server but without having to manage it and having to deal with the complexities of setting it up or keeping it secure.
āBruv youāre getting the benefits of a cloud hosted trading bot with the speed & responsiveness of your own server! WTF did hell just froze over, thatās just sick !ā
It sure is āmateā, I havenāt used a trading bot thatās more responsive than this one and I have tried quite a few, I can see the sell/buy orders in my binance app just happen within seconds of a sell/buy & prices update in real-time. Ever needed to panic sell? It works flawlessly. Ever needed to set up a trigger that responded to market changes? Guess what it just works! If something goes wrong with the bot you can reboot it! All bots are also constantly monitored and if something goes wrong they get restarted automatically.
āBruv, thatās just amazing and all but you know having your own VPS thatās a pita when it comes to upgrading & implementing security patches. All those thousands of VPSās all running their own strategiesā¦, imagine the mess when they roll out an upgrade or have to patch some security issueā
Not sure how they do it āmateā but they provide rolling updates as if it was on a centralised server, you just log in and go, itās all updated while youāre on the system, your strategies are migrated automatically to the new bot version, it just works flawlessly & without any significant downtime.
APEX Trader uses a NON TIERED subscription model and compared to its competitors it comes at a sharp price of $35/month for a cloud-hosted bot with access to UNLIMITED STRATEGIES and UNLIMITED COINS.
Each bot can run unlimited strategies but only 1 at a time per bot, you can swap out strategies based on triggers but letās go over it one thing at a time.
āBruv are you saying a VPS is included for that price & that I donāt have to manage, update or secure it? Are you taking the mickey out of me?ā
No āmateā itās true, youāll get one of the best deals on the market if not the best!
āBruv this sh*tās banginā but you know a bot is as good as the profit it makes, innit?ā
āMateā, didnāt you see the results I posted higher up? Actually, let me correct you itās not the bot that makes the profit but the strategy. So letās get into strategies.
Strategies
āBruv what are strategies?ā
āMateā, strategies are basically your instructions for the bot. What you put into the strategy is what the bot will execute. In essence, these are the parameters you can control when it comes to a buy and a sell of a coin.
You get a number of technical indicators out of the box and you can use these to do your buys (& sells) so youāre not randomly buying but buying at the moment where the odds are more in your favour so youāll end up with a better risk/reward ratio.
- Bollinger Bands
- Commodity Channel Index (CCI)
- Moving Average
- Moving Average Convergence Divergence (MACD)
- Percent Change
- RSI
- Stochastic
- Stochastic RSI
- Volume Weighted Average Price
If youāre not familiar with technical analysis, I wrote a basic introduction of some of these indicators.
āBruv you expect me to learn all that ?ā
Well āmateā I do advice you to learn the basics it will really help you understand trading but if you rather build on the knowledge of others ApexTrader has that covered too.
ApexTrader has a Strat Center, a collection of community built strategies that you can apply to your bot with a click of a button.
āBruv can you set this up for me?ā
No, but Iāll guide you through it, itās not that hard once you get more familiar with it.
Check the article below to get started with Apex
Conclusion
Considering this bot is only 4 months old Iām really impressed by the quality of this bot, the speed and thought that has gone into designing it.
The results speak for themselves
The next release will most likely contain an automated ādebagā system similar to that of ProfitTrailer.
Give it a try, pick a strategy set it up, run the test version and convince yourself!
Click here for a 7 DAY TRIAL period
Donāt forget to follow their Medium account: ApexTrader.io
The above references an opinion and is for information purposes only. It is not intended to be investment advice and may contain affiliate links. Seek a duly licensed professional for investment advice.
