Panzer

While working on adding those index and energy instruments into OBEL engine, I've made a little but very interesting "discovery": we can get the OBEL values from CME website in almost real-time!
 
Look here (what we are interested in is the "last" value):
http://www.cmegroup.com/trading/fx/g10/euro-fx_quotes_globex_options.html?exchange=XCME&foi=OPT&venue=G&productCd=6EZ2&underlyingContract=6E&floorContractCd=ECZ2&expMonth=201212
 
So far, for today's trading we have been using OBEL data from the last closed trading day, that is the data delayed by quite many hours. With this, we could use the data delayed no more than 10-15 minutes. I could easily draw Call and Put lines for up to 4 Strikes on the chart, live.
 
Furthermore, it seems there is a separate data from Open Outcry session (the first one is from globex):
http://www.cmegroup.com/trading/fx/g10/euro-fx_quotes_openOutcry_options.html?exchange=XCME&foi=OPT&venue=F&productCd=ECZ2&underlyingContract=EC&floorContractCd=ECZ2&expMonth=201212
 
It may be interesting to compare the data from globex and outcry, their correlation and what is their impact on spot Forex. So much possibilities to explore here.
 
 
fxnizar: definitely keep all your suggestions in mind and remind me of that when the OBEL statistics indi is finished.
 
 
EDIT: so it seems that open outcry quotes are not being updated on the CME web, but that's ok, globex trading is bigger anyway.
 
 
So I am thinking about reading this options quotes table every minute by the OBEL engine. From there I would reformat the numbers as follows:
- "high", "low", "prior settle", "last" => into FX quote format
- "change" => into a number of pips
 
and display them (still done from within the engine) together with "volume" and "last updated" in the form of a mini-spreadsheet. At the same time export the latest "last" into global variables that in turn would be gathered by the OBEL indi and drawn onto the chart as lines.
Sorry if it sounds too complicated or confusing but it will be pretty neat.

It seems different brokers name these instruments differently so I will just make some defaults and make all MT4 symbol names (including Forex ones) configurable.
 
I will try to implement 3 e-mini indexes and 5 energy instruments as indicated above. I will also make this extended section of the OBEL-engine optional so the people who use it only for Forex wouldn't have their computer spammed with unneeded CSVs.
 
Actually, on second thought I think it will be even better to just make all instruments individually switchable, e.g. if someone uses it only for EURUSD it's pointless to download also all 5 other Forex data.

Udc,
 
Thank you for all your hard work and providing such an invaluable tool to the trading community. I would like to see the data like that in the table. Is there a way for you to add a couple calculations within your table for an example the Put/Call ratio for both volume and OI? This would help for quantifying & measuring market sentiment.
 
Thank You,
Spazzy252

about statistics
 
Glad you like it. Now on with the statistics thingie.
 
Would you like to see something like this:
http://img191.imageshack.us/img191/892/statistics1.png
 
or rather something like this:
http://img502.imageshack.us/img502/184/statistics2n.png
 
?

OBEL v1.06
 
If you are in a lower timeframe you may find it a bit difficult to distinguish those darker protracted lines from the regular q-month lines (if you kept the default colors) so I added an option to add a greyness to them. So now you can make the protracted lines not only darker but also faded.
 
This is ProtractedLinesIntensityRatio=0.7 and ProtractedLinesAddGreyness=0:
http://img23.imageshack.us/img23/8606/obelnogreyness.png
 
This is ProtractedLinesIntensityRatio=0.2 and ProtractedLinesAddGreyness=50:
http://img641.imageshack.us/img641/4831/obelgreyness.png
 
 
 
Download link: (contains both OBEL and OBEL-engine)
http://www.directmirror.com/files/0ETSE0KB
http://mir.cr/0BNDVJVB

Back to the subject. The intestines of both engine and indicator are reworked, I am now properly getting and locally storing the data for all 5 recent trading days:
http://img823.imageshack.us/img823/7727/obel5days.png
 
By the way, on the next to the last picture, with OBELs from Thursday 11/01/2012, notice the particularly strong OBEL at 1.2852 how long it resisted on Friday during post-NFP shakeout. I was watching it live and it was really interesting. The USDJPY analogy OBEL was at 80.667 and that one resisted successfully.
 
Now all what I need is just to put the lines into the correct time segments where they belong, considering your broker charts timeshift. And since I will be handling the timezones I will also make the engine to grab the website data only between, say, 14:00 and 18:30 CT, that should do. Then the statistics indi will become the topic of the day.

the price went up for 800 usd now for complete MMMand students folder with some pdfs and explanations .