extension ExtPose

MEX Assistant for BitMEX

Description from extension meta

Place up to 50 scaled orders into the BitMEX order book with one click

Image from store MEX Assistant for BitMEX
Description from store ★ What is the MEX Assistant? (formerly known as BitMEX Assistant)) The MEX Assistant lets you place up to 50 orders with a single click. You can spread your buys/sells over a range, giving you the ability to scale in and out of positions. This reduces the amount of times you get stopped out and it increases the profits you're able to take. This is a PRO trader tool that BitMEX doesn't want you to have because they make money when you lose a trade. ★ How do I use this? 1. After downloading the extension, click on the extension button in your browser. It's the small Assistant-logo in the top right corner of your browser, next to the address bar, that looks like an "A" (for "Assistant") 2. The MEX Assistant opens as a new window 3. In “Settings” choose whether you want to use Testnet or Mainnet 4. Pick the coin you want to trade under “Instrument” 5. Input the price range in which you want to buy or sell 6. Input the amount of contracts you want to buy/sell 7. Input the amount of orders you want the Assistant to place for you. Any number between 2 and 50. 8. Click “Preview” to preview all the orders, their exact price and amount before you place them! 9. Click “SUBMIT” to place all the order, exactly as previewed, with a single click ★ Why use the MEX Assistant? You spend money (aka bitcoin) on BitMEX. You spend time analyzing charts, reading Crypto Twitter, coming up with trade ideas and then finally you spend time inputting those trades into BitMEX. What's the problem? Well, you have to input EVERY SINGLE ORDER one by one! That's crazy! That's ok if you only ever have ONE entry point and ONE exit point. However, if you look at how profitable traders trade, they trade ZONES: They scale into a position and then scale out of that position (take profit). That always happens in ZONES. In order to trade zones, you need to enter multiple orders. But who has time to enter 10, 20 or 50 orders over an entire zone? And then another 10, 20 or 50 orders in the take profit zone? That's up to 100 orders just to do one trade. Just think how long it takes to enter 100 orders, one by one... The MEX Assistant lets you enter up to 50 orders with one click. Placing orders over a RANGE becomes a matter of a few seconds. You'll save hundreds of hours per year that you could spend analyzing more charts or simply living your life, instead of wasting it with tedious data entry. Stop trading like a pleb, start trading like PRO. ★ Is this safe to use? Absolutely. But don't take our word for it. Just check it for yourself: At no point in time does the MEX Assistant ask you for your username or password. Since this is a Chrome extension, it only works if you're already logged into bitmex.com. You never create an account with us. You never give us your email/password. The extension works WITHIN bitmex.com. And it only works if you're logged into bitmex.com. ★ How do I get updates? Updates are shipped automatically, in the background. You don't need to worry about a thing. ★ Do you round prices/contracts? And if so, do you round up or down? Short answer: Yes we (have to) round prices/contracts. We round down. You'll never spend more than what you defined in the Assistant, only less! Long answer: Representing a rational number with an irrational number always comes at the cost of rounding errors. This is not a bug, but a fundamental arithmetic and memory constraint due to the fact that real numbers (which have infinitely many digits) cannot precisely be represented with finitely many digits (and memory) in decimal form. Example: Say you want to buy 10,000 contracts of XBTUSD. Your buy zone is $1,000 - $1,100 (God I wish I could buy Bitcoin that cheaply!!). You want to place 30 orders. Since BitMEX only allows to buy with a precision of 5 cents (e.g.$1000.05), the Assistant needs to round the amount of contracts down. Concretely, this means that the Assistant will place 30 orders, each order with a value of 333 contracts, which means that only 9,990 contracts will be bought instead of the 10,000 contracts that you wanted to buy. The rounding errors are small. Always click “Preview” in the Assistant interface to see if/how the rounding of your orders are calculated, before submitting them to BitMEX. ★ Are there any usage limits? Not from our side. However, BitMEX does impose limits (see https://www.bitmex.com/app/restAPI#Limits). The most relevant limits are: - ~3,000 order placements/cancelations per 5 minutes - Maximum 200 open orders per contract per account - Maximum 10 stop orders per contract per account - Accounts with too many open orders with a gross value less than 0.0025 XBT each will be labeled as a Spam Account. Unfortunately, BitMEX does not define how many is “too many”. Learn more about being labeled Spam Account here: https://www.bitmex.com/app/restAPI#Order-Minimum-Size-Limits We strongly recommend staying within these limits. ★ Who are you guys? We're the tech division of a crypto startup. We're here to give retail traders the tools they need to trade like a PRO. ★★★★★★★★ Main features of the MEX Assistant ★★★★★★★★ ➤ Place up to 50 scaled orders with a single click ➤ Compatible with the BitMEX Testnet and Mainnet. So you can try it out in Testnet first and learn how to use it before using it on your main account. ➤ No login, email or password required. No need to create an account. This is a Chrome extension which works as soon as you're logged into bitmex.com (or testnet.bitmex.com). There are no user accounts with the MEX assistant and we never ask for your credentials! ➤ Lets you reduce your losses while increasing your gains by scaling in and out of your trades. ➤ Saves you hundreds of hours of data entry per year ➤ One-time payment. No recurring subscription. You buy the MEX assistant once, and you can use it for life. Future updates included in the one-time payment.

Latest reviews

  • (2020-01-28) C M: This chetan from gujarat, i have used this indicator working fine, and making lot of profits.. for any kind of query for india you are welcome. [email protected]
  • (2019-12-09) Mr Hucth: Absolutely fantastic. Its a must have for any serious trader on bitmex!! It would be even better if a option to manually edit the contact size from the preview ( ex. to make any order under 24 contracts of btcusd larger than 24 to be not be classed as spam). Also post only option would be nice for when we do make mistakes:-)
  • (2019-09-19) moU fIVe: Hello, how can i change the leverage im using?
  • (2019-07-11) Nico Kicken: Extension works like it should. Would be really nice if you could also specify that the Price Lower USD would be the actual price and Price Upper USD some x $ away so you could even place orders faster. Maybe also a suggestion to let people enter a SL price for the whole amount at once too?
  • (2019-03-14) Works as described. Bitfinex has this feature but BitMEX doesn't. Finally someone built scaled orders for BitMEX too. Thanks!

Latest issues

  • (2019-12-30, v:4.7.0) Brantley Price: Authorization
    Hello, I cannot access the extension after purchase. Do I need to be authorized to use it?
  • (2019-11-30, v:4.6.6) Aries 8787: Payment method
    Hi, Im looking for paypal payment?
  • (2019-07-03, v:4.3.1) francesco: Brave browser
    Does it work for BRAVE BROWSER?
  • (2019-05-27, v:4.2.7) noldafire: can not see install button
    Can not install in Korea?
  • (2019-04-12, v:4.2.2) D L: do you have any referral system?
    do you have any referral system?

Statistics

Installs
108
Category
Rating
4.8 (5 votes)
Last update / version
2020-01-13 / 4.7.1
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