Within the framework of the Adaptive Plasma Experiment (APEX) conceptual project, a trap with closed magnetic field lines, the Experimental Pseudo-Symmetric Closed Trap (EPSILON), is examined. The APEX project is aimed at theoretical and experimental development of the physical foundations for a steady state thermonuclear reactor designed on the basis of an alternative magnetic trap with tokamak-like large β plasma confinement. A discussion is given of thefundamental principle of pseudo-symmetry, which a magnetic configuration with tokamak-like plasma confinement should satisfy. Examples are given of calculations in the paraxial approximation of pseudo-symmetric curvilinear elements with a poloidal modulus B isoline. The EPSILON trap, consisting of two direct axisymmetric mirrors linked by two curvilinear pseudo-symmetric elements, is considered. To increase the equilibrium β, the plasma currents are short-circuited within curvilinear equilibrium elements. An untraditional scheme of MHD stabilization for a trap with closed field lines by use of axisymmetric mirrors with a divertor is analysed. The experimental installation EPSILON-One Mirror Element (OME), which is under construction for experimental investigation of stabilization by divertor, is discussed. The opportunity for applying the ECR method of plasma production in EPSILON-OME in conditions of high density and low magnetic field is examined.