udc

how much price if i pay by $?

Are you really asking, on a forex forum, what's the rate between two currencies? Seriously?

You can get a free VPS from Amazon - well the first year is free. Look here for more info:

 

www.camforex.com/how-to-setup-a-free-forex-vps/

You should link the original website, not some amateurish review: http://aws.amazon.com/free/

There are 2 information important there:

1) it's a micro instance, that means the lowest possible CPU power you can get

2) there is only 15 GB monthly bandwidth which of course includes the traffic you generate by remotely administering it, that means that if you are not careful you can virtually suck all those 15 GB in just a few hours, if not minutes

can someone pls recommend a good vps which doesn't cost more than $9.99/m ?

It depends what you need it for. For trading or for other purposes? Should it be a true virtualization where you can run any OS you want or a container-like pseudo-virtualization would be good enough for you? Do you need to have some guaranteed CPU power for your VPS or just "what's left" for you? The same question goes for hard drives. What about network latency and bandwidth, do you need a low latency and/or high bandwidth? If you intend to transfer a large amount of data then you are also interested in the monthly traffic quota for your VPS. What about reliability of the service in general, a stability of VPS (it wouldn't crash/reset on its own), an availability of the data you store there (it won't get lost due to a hard drive failure)?

Questions like that you would need to ask to avoid choosing something totally unusable for you. There are cheap VPS providers and the quality of their services vary a lot. There is also a community, quite a huge one, around cheap VPS phenomenon where people are basically trying and benchmarking various cheap VPS and write reviews for the others. Perhaps the best place like that is LEB: http://www.lowendbox.com/.

In short, if you want something reliable and high-quality then you can't get it for the price you are asking. For cheap VPS all those questions I indicated would be answered "no". They are mostly OpenVZ based, that means linux containers, not a true virtualization. There is a linux kernel for the whole host server and all VPS must use it (thus must use only linux software that's compatible with that kernel). There is no or next to none resources reservation and a very poor scheduling (scheduling is a mechanism how the resources are shared between multiple clients), meaning that if someone uses too much of CPU all other VPS on the same server are hurt. Same goes for hard drives, network, basically everything. A huge problem there is with the memory, that's related to over-committing of the host server resources.

Resources overcommitment basically means that they are selling more hardware resources (more VPS per server) than they really physically have and they are hoping (based on statistics) that not all VPS will want to use all resources at the same time. It's like the banks - if you put money there they lend it away so it won't be there if a lot of people decide at the same time to withdraw (a.k.a. "a bank run"). Over-committing of CPU, disks and network is easily done, it all will just be shared among more VPS thus for each it will be slower. The problem is with the memory, though, because memory can't be shared like that (a memory used by one VPS can't be logically used by other VPS), each VPS is "supposed" to have some amount of memory reserved for it. But this doesn't happen with cheap VPS, you will never see a word "reserved" on any of their websites. So when your VPS needs a memory that the host server can't really provide at the moment what happens is that the server will silently use a hard drive for it. That's generally known as swapping only in this case they will pretend you are still using the real memory, so while other resources will gradually become slower and slower the memory speed will abruptly drop by several grades. The more honest VPS providers call this fake memory a "burst memory" or otherwise distinguish it, other VPS providers will unfortunately never tell the truth.

In very short, if you are interested mostly in network transfers (torrenting etc.) where a network latency or VPS density or the level of overcommitment is not an issue for you then you will find a good VPS under $10. If you are interested in VPS for general non-important use or toying and don't mind the linux environment you will also be ok. But if you are looking for low-density low-latency no-overcommitment VPS with solid resources scheduling and guaranteed limits (all of that might be crucial if you want to use it for the real trading) then you won't and can't find anything like that for that price. They may lie to you that you will get that even for a low price but if you do your math you will see it's impossible. What's actually the real issue here is that you will never ever know how the hardware resources are scheduled and shared no matter what price level the VPS is at, so there is no guarantee that even a VPS for hundreds of dollars will be any better. Most probably it will but you have no way of knowing by how much.

If you think about it from the VPS providers point of view they will always do the same thing: measure the average use of their VPS customers and all the rarely used resources that they find they sell again (and again) thus if any VPS suddenly starts behaving differently it may have a performance or even a functional impact on all the other VPS regardless of the price tag. I may seem to be stressing the obvious but the fact is that this is not obvious for everyone and really the least thing any trader would want is to lose money because of the greed of VPS providers.

it was just allot of info to digest when I was looking for the calculation...lots of info to dig through...

I wanted you to go though older posts not only because repeating again what was already written here would be boring, but also because reading the discussions and our thoughts when we were developing this might give you an additional value. But there is also a lot of not-that-valuable-information to dig through, as you say, so it's somewhat a double-edged sword I guess.

guess you could have told me to piss off

I am not rude to people who are asking for information. I do mock and strongly oppose people who don't know something but they think (or pretend) they do know and thus they don't and won't listen anything and anyone no matter what. That is what s.t.u.p.i.d.i.t.y is and it's the most dangerous thing on Earth, not the lack of knowledge (sometimes people confuse these two things). Actually, when you don't know something and are aware of that and want to learn that's what makes you wise (remember scio me nihil scire).[spoiler=why human s.t.u.p.i.d.i.t.y is so dangerous]Even though there is probably always some person or persons truly evil at the top, it's not them who actually do the evil. It's all those s.t.u.p.i.d people who listen to them. Hitler didn't kill millions, s.t.u.p.i.d Germans did. Stalin didn't kill millions, s.t.u.p.i.d Soviets did. If retard Kim ever stop only empty talking and start doing something, it won't be him who will launch the missiles, it will be s.t.u.p.i.d Koreans. It wasn't retarded Popes or Cardinals yelling "she is a witch, he is a non-believer, kill them, burn them to death" who killed many innocent, it was s.t.u.p.i.d people who listened them. Obama is not really responsible for the damage he is causing, it's s.t.u.p.i.d people who voted for him, listened to him and still keep listening to him. It wasn't Bush who invaded a sovereign foreign country under false pretenses, it was s.t.u.p.i.d brainless American soldiers who do what they are told like puppets. It's always the same, s.t.u.p.i.d mobs, over and over and over again thorough all human history.

It's not Rothschild, Rockefeller and other retards them alike who are enslaving this world and destroying all the good there is, those don't really do anything, they are old and degenerated. It's thousands and thousands s.t.u.p.i.d people who work for them who are really responsible for all the evil, for billions people suffering. Think about that.

There is a few bad people making up their plots and intrigues, but they themselves don't do anything real. They are the same human being like the others, they are not better or above others, they were born naked and will die and rot naked. The only thing different about them is that they have this strange urge to manipulate, control and enslave other human beings. Their existence is not very surprising, there are all kinds of people so it's to be expected that even such retards will happen. What is a huge surprise, though, is that these retards always find a bunch of s.t.u.p.i.d sheepish servants who for an inexplicable reason are willing to not only listen to them but also fight for them their wars, kill the innocent people and do the harm to this whole world. And until the scientists find out what makes these s.t.u.p.i.d people behave s.t.u.p.i.d like that and listen to those very few evil mastermind wannabes, this will go on forever until the human kind is extinct.

It is hard to understand why this phenomenon actually has any merit

Well, no, in general terms it's not hard to understand. As you say, for the new thread the info should be consolidated so I just may as well start writing some brief overview right now:

To understand the OBELs and the reason why they "work" it's necessary to have a basic understanding of how the Options work in general.

For the following watch this page http://www.cmegroup.com/trading/fx/g10/euro-fx_quotes_settlements_options.html and you may also take a look at this formal introduction: http://www.cmegroup.com/education/files/options-on-futures-basics.pdf.

New things we see here is that the price range of the underlying security, EURUSD futures in this case (which is nothing else but a spot EURUSD adjusted by the forward points), is split into levels called "strike". These strike levels are further divided into two types, one is called "call", other is "put". There is also an expiry date.

Now, traders can write (create) and sell the call and put Options and they can also buy them, thus an Option has its own quote and this price is fluctuating based on several factors (the quote of the underlying, how much time remains to the expiry, perhaps supply and demand etc.; the quote is set by the exchange so whatever it is based on that's just that). So the Options themselves are being traded thorough the trading session, they have their open, high, low and close, as well their own Market Depth via which the actual offers and bids are done. When looking at the already finished trading session the price of given Option is called "settle", that's the information we will need to know later.

Simplified call and put Options mechanics

If you buy a call Option for 1350 strike it means that you can request the seller of such Option (this is done automatically via the exchange) to sell you EURUSD for 1.35, no matter what the current spot quote is. You don't have to request it if you don't want to, it's your right, not an obligation. You can exercise this right anytime from the moment you bought the Option up to end of the expiry date (this is true for the so-called "American Options"; there are also "European Options" that can be executed only at the expiry date, not before that; we are interested only in American Options). Obviously, you will exercise your right (you will "call" for his EURUSD) only at the moment when the (spot) quote is above 1.35 so that you could immediately sell his EURUSD on the (spot) market for profit (this all is done automatically via the exchange too, so you just indicate your will to exercise the Option and you get the profit).

Therefore, your motivation to ever buy a call Option is your belief that the price of EURUSD will rise above the strike level before the expiry date is over. Similarly, the motivation of a call Option seller would be the opposite - he would sell such an Option only if he believed that the price of EURUSD will rise above the strike level not until after the expiry (thus the Option he sold would expire worthless). And, logically, you can only buy a call Option if the current price is below the strike (otherwise there would be no Option seller to buy it from).

For put Options the situation is somewhat reversed. If you buy a put Option for 1350 strike it means that you can request the seller of such Option to buy EURUSD from you for 1.35, no matter what the current quote is. Obviously, you will exercise your right (you will "put" your EURUSD on the table for him) only at the moment when the quote is below 1.35 so that you could first buy cheap EURUSD on the spot market and then force him to buy it from you for more so that you make profit (again, this all is done automatically, you just "click" and get the profit).

Therefore, your motivation to ever buy a put Option is your belief that the price of EURUSD will fall below the strike level before the expiry date is over. Similarly, the motivation of a put Option seller would be the opposite - he would sell such an Option only if he believed that the price of EURUSD will fall below the strike level not until after the expiry. And, logically, you can only buy a put Option if the current price is above the strike.

Options Break-Even Levels

The above was a simplified explanation for buying/selling call/put Options. What was simplified here? We didn't take into account the actual price of the Option. Because if you buy for example a call Option for 1.35 strike, you can't rush into executing it once you see EURUSD at 1.3501 because the profit you would have made would be probably lower than the price you originally paid for the Option, so the expense would be bigger than the income resulting in a loss for you.

Therefore in reality for a given Option you first need to calculate so called Options Break-Even Level (OBEL, in short), that is the price the underlying security must at least reach so that if you executed your Option at that very time you would end up at break-even (income = expenses = 0 profit). The calculation itself is obviously very simple, you either add or deduct the Option price from the nominal strike level.

For example, for 1350 call Option the OBEL is 1.35 plus the price of the Option. That is, the EURUSD must rise not only to 1.35 but also a little bit higher so that if you execute your right to buy EURUSD from the Option seller for 1.35 and you sell it immediately on the market your profit would be equal to the price you originally paid for the Option.

Similarly, for 1350 put Option the OBEL would be 1.35 minus the price of the Option, so that you will be only interested in executing your right and thus selling your EURUSD to the Option seller for 1.35 if the market falls below 1.35 by that much that the profit you would have made would be equal to the price you paid for the Option.

So in other words, if you bought a call or put Option and now are thinking about executing it, you don't really watch the nominal Option level (strike) but the OBEL because that's the very point when (if exceeded, either up or down) you would start making an actual profit.

Now it should be clear why OBELs are so important. All those who bought Options want the underlying to cross OBEL from non-profitable (worthless) zone to the other side. All those who sold Options want to prevent just that. To better understand this it will be useful to look how the buying and selling of Options differs and who is a typical buyer and typical seller.

If you buy an Option you pay a little price. That's either the end of story (nothing more will happen, you won't execute the Option) or, if the underlying crosses the OBEL, you exercise the Option and have profit. So your possible loss is limited only to the original Option price, it can't be any higher. Your possible profit is unlimited, you don't know by how much the underlying rises or falls above/below the OBEL until the expiry is over.

If you sell an Option the situation is exactly reversed. When you sell it you get a little money immediately, that's the price you sold the Option for. This money is all your possible profit, you won't get anything more. Now either the underlying will not cross the OBEL and thus the buyer you sold your Option to will not execute it (and thus nothing else will happen to you thus you end up in profit), or it will cross and he will execute and you end up in loss. Your possible loss is unlimited, the same as his possible profit.

From the above it is clear that buying Options is relatively safe because the loss is limited. Anyone can buy an Option, there are no special requirements. However selling Options is not that safe, therefore to avoid a situation that you would be insolvent and unable to fulfill your obligation towards the Option buyer, if you want to sell an Option you are logically asked to maintain a certain deposit in your trading account. On the other hand if you are selling Options you get immediately some money that you can perhaps use for something else so that maybe even if the OBEL is crossed and your Options executed and you must fulfill and have loss, maybe that loss won't be that significant if in the meantime you have made a profit elsewhere using the money you got by selling these Options. In any way, Option sellers typically will be the bigger players, institutions, banks, whereas Option buyers will be smaller fish. But there is no reason why the bigger players couldn't be also the Option buyers and if the smaller players have enough money there is also no reason why they couldn't be the Option sellers too.

So we have these big and small Option sellers and small and big Option buyers. Now, some big players, or group of players, have power to move the (underlying) market, that's nothing new, we can see it every day on the charts. So it should be not really surprising that there are players who do both - trading (and manipulating) the underlying while trading the Options at the same time, i.e. selling call Options and then trying to keep underlying below the respective OBELs, or selling put Options and then trying to keep underlying above the OBELs, or buying call Options and then trying to push underlying above OBELs or buying put Options and then trying to pull underlying below OBELs. All variants are possible and you can see battles around the OBELs every day. Keep in mind that these are American Options which can be executed anytime. And also keep in mind that there are wide spectrum of players (scalpers as well as short, middle and long term traders) so even if the OBEL is crossed and thus the respective Options become worthwhile that doesn't automatically mean that the battle is immediately lost because not everyone will hurry at that very second to immediately execute his Options. That's why some battles continue and sometimes the underlying is even pushed back to the worthless side of the OBEL.

Being said all these basics you now need to think about it and use your common sense. Just because this is certainly possible to happen and is indeed happening it doesn't mean that it must happen or that it will happen every time. Guessing which Options are being sold or bought for these speculative purposes and thus around which OBELs you can expect the "sure" battles is the tough part. Also, sometimes a cigar is just a cigar so not every move of underlying around an OBEL must necessary be a result of manipulations and battles orchestrated by Options players.

So in conclusion, there is no magic to the OBELs, it's just a tool, rather a simple tool, that could help you if you learn how to use it.

Does this basic overview make sense? Please comment so I can polish this text.

Also, while writing this I realized what I was missing, the "mystery" I mentioned in my previous post, that is why OBELs calculated from yesterday matter today. It's actually very logical. The reason is that when you buy or sell Options you calculate OBEL at that very time using the Options cost you either had to pay (being an Option buyer) or you received (being an Option seller). So this particular OBEL will be valid for you from now on all the way till the expiration.

For example, yesterday you sold EURUSD call Options for 1350 strike. The price of these Options was $x, that's your income, so you calculated your OBEL and found out that the "decision point" for you is 1.3530. As long as the spot market price is below 1.3530 the one who bought Options from you will most probably not execute them and even if he will and you will have to sell him EURUSD for 1.3500 you will still end up in profit. Only if the market price rises above 1.3530 and the Options you sold are executed only then you will end up in loss. So 1.3530 is your OBEL and this is the OBEL that is valid for you for the whole time until the Options expire. Thus if you are a big player you will try the whole time to prevent spot EURUSD from exceeding 1.3530, no matter what the price of 1350 call Option is today or tomorrow or any other day. You already sold or bought your Options so for you only your particular OBEL from that time matters. Makes sense?

Guys as I said you will get the updated version of OBEL as well as the real-time OBEL prototype, just have a little bit patience. I will get to it in a few weeks, hopefully by the end of this month.

FXTrader78, as for the calculation just scroll back a few pages to the fall of last year when I came to this thread. I think I was quite verbose when I was first researching this whole thing, then figuring out myself the actual precise formula as well as the CME documents and the reasoning behind this all as to why it actually works. So if you sacrifice some of your precious time and effort to read through all that you will get all the information you ever needed (plus a lot of redundant gibberish, but that's just a natural downside of an internet forum).

By the way, there is also one mystery that I never figured out and I guess we will just never will, and that's why OBELs seem to work in this actual implementation, a "traditional" implementation as I call it. Because, you see, all the reasoning (manipulating the security instrument rate, or its respective option derivative, so that one or another can be quickly bought or sold and/or executed to make a quick profit; bear in mind it's american options) makes perfect sense, at least to me, for what's happening in the real-time. If you were watching the YouTube videos where I was showing the real-time OBELs (the dots) you could have seen that most of the time the options kept their distance from the underlying (as if they were kept on a stick of a specific length; actually options pricing is rather a non-trivial discipline, there are many various models like Black–Scholes and whatnot and actually I never really found what particular formula is CME actually using) but sometimes, quite rarely, the options stopped moving and allowed the underlying to come to it and touch it, sometimes even to cross it. At that particular point in time the option could have been exercised in profit ("in the money"). But that was usually only for a very short time and then the underlying went back to "at the money" and the options then acted as rather a strong barrier.

So all this was kind of amazing to watch and it made sense (at least to me) but that's for what's happening now, that is for the real-time options prices and thus real-time OBELs. What I never understood and it keeps baffling me is why do the traditional OBELs work, because those ones are calculated from the last settle value. The last settle value is nothing else but simply the last value of the previous trading session. There is no mystery to the settle value. Anyway it's from the last session close, so the respective (today's) OBEL is calculated from the last session close data. Now why would the OBEL calculated from yesterday work today? Why would big players today manipulated the underlying today according to the options price from yesterday, a price that just happened to be the last price in yesterday's session (i.e. the settle value)? Why would they take that information into account, why would they care about some yesterday data at all? Doesn't make any sense to me. Maybe, just maybe, if the settle value had some special meaning, some special calculation, i.e. if the settle was somehow "a sum" of the yesterday options trading, then it could have been somewhat meaningful to use that information for today's trading. But it's not a special value, it's just the price of an option that happened to be the last one before the session was closed. Well, if you look at it from a different perspective it being the last value does bear some special meaning, it's the price where the trading session eventually "settled". But to me this would mean something special only if the underlying stopped trading at the same time as well, which is not true in case of forex that's 24/5. If you accepted that idea you would be saying that 2/3 of everyday forex trading is meaningless and doesn't affect anything, which seems like a very radical idea, to say at least (or is it?). That's by the way the reason why so many of those indicators, pivots and other nonsense that was made up tens years ago in stocks and equity markets do not and can not work in forex, because those markets did have an exchange, thus did have a solid world-wide accepted times for the beginning and end of each day trading session, so "yesterday" term had a meaning.

Anyway, I would like so much to discard the whole OBEL idea as just a coincidence with no real usability but the data (what you see on the charts; even those charts you and San4x showed here a few posts back) that just seems to me as too much of a coincidence.

[spoiler=a possible explanation]The only somewhat reasonable explanation I could think of is kinda conspiratory-ish: they do it on purpose, it's just a purposely built manipulation to catch the little fish, the same way as the whole "forecasting forex quotes by looking at currency options volumes" nonsense. They just purposely make it look like an egg can and does have any influence on the chicken who laid that egg. Purely illogical nonsense.

But I am trying to not discuss trading here anymore because using a logic, a common sense and the brain is what some people here (whose ideas and understandings about their surroundings are based on wishes and make believes, instead of the reality) puts into a frenzy mode and they go berserk, with blood in their eyes. As one person put it in the e-mail sent to me, it would surely be comforting if it worked like that but a normal person when facing the reality that disproves this comforting wish will just accept the facts, wake up and move on. On the other hand I guess it may be hard to stay normal when you have your own substantial amount of money bet on it. But just because you are personally involved is that an excuse to stop behaving normally and logically? I remember a person who, years back when the attacks to 1.6 EURUSD were happening, after one of the rebounds went short and he kept it open even though the price continued north. He kept it open for months, being in thousands pips minus, thousands bucks loss. The loss amounted to several months of salary for him so it was quite a substantial and he just kept it open, no matter what advices and explanations he was given by the others in the group, he didn't listen anything that wasn't "compatible" with his wish (that is that the price will go down). He somehow thought that as long as he keeps it open he will not loose his money. He wasn't able to comprehend the simple fact that his money was already long time gone. Well, I would partly blame Metatrader for showing the extremely misleading "balance" value. Some other trading platforms don't show it at all, they only show "equity" and it's much more clear people. But anyway, his totally irrational behavior was spectacular to watch. He didn't sleep well, sucked at work, didn't tell his wife, his mood was getting worse and worse (lately it wasn't even possible to talk to him at all, he responded "don't disturb me, I am focusing on the charts", as if his watching the price could somehow make the price to change the direction) but he just didn't close the position no matter what. My understanding is that, psychologically, when the loss reaches some size (in his case because he didn't put an initial SL in place) it just doesn't matter anymore, it's no reason to behave logically anymore because the loss is already too big to swallow so you just turn into a gambler and just hope and pray. It's the same for the criminals, once you kill the first person there is no reason for stopping, the outcome when get caught will not get any worse.

To tell the truth, questions without clear answers like these make me to be very thankful that I am not a trader and don't have to live in this terrible uncertainty and make decisions based on guesses, let alone to bet my money on it, and for the same reason I admire all of you who actually do that because I wouldn't be able to do what you do. That's why I am trying to help you from my programming perspective.

If what I wrote above seems confusing and incoherent to you just read the past posts here and watch the videos and you will understand what I was talking about. Of all trading ideas and "indicators" I have seen and encountered in this crazy trading world the OBELs are probably the most powerful and, for once, they are not a total "wish come true" nonsense. The only thing even better is my UDC FAT (not very modest statement, I know) but that's only logical because it uses OBELs as a filter so it's naturally superior. But you will get UDC FAT on your screen soon too, so you will see yourself. I just hope my "soon" will not turn out to be a Blizzard-like "soon" (http://www.wowwiki.com/Soon).

Great, thank you.

I also received a message from user "pro" (not sure why he didn't post it here) with a tip to commercialnetworkservices.com and their basic Trader's VPS Value Edition for around 32 $ / month (though he also mentioned that he is an affiliated with them).

Maybe if more people tell their experience we could make a list of VPS offers suitable for trading, I could maintain the overview in the first post. Just an idea..

Hi everyone, just a little update about what's going on here.

I temporarily suspended the UDC FAT visualization as it's being reworked and the new version is so much better that I found it misleading to keep the visualization of the old version up. When the update is done the web will be up again and I will start working on the native UDC FAT client for Metatrader so that you will be able to get all the data on your trading terminal with the very low latency. There is also some progress with the synthetic ultrafast data feed I mentioned earlier, it will be integrated into UDC FAT. I am quite excited about it as it have the depth of the market and is faster than virtually any broker's datafeed. Another news is that after the UDC FAT is finally done and you get it on your terminals, then at least for another half a year I keep it that way and will not go forward with it in terms of offering it to the institutions for sale. I want you to enjoy it for some reasonable time before I sell it and I am in no need to hurry, so that's probably a good news for you. I will make a new thread about FAT anyway, when the time comes.

I also decided to follow up on my OBEL work here and release the updated version after all. I will just have to find the time to do that. Together with traditional OBEL I plan to release the prototype of the real-time OBEL that you could have seen in UDC FAT visualization. That's for two reasons: for one CME announced that they are going to retire the CME datasuite product that I was using to get the realtime OBEL data from (http://datasuite.cmegroup.com/dataSuite.html?template=opt&productCode=6E&exchange=XCME&selected_tab=fx) and the other reason is that even if they kept it I would have to remove it from FAT anyway due to potential legal issues. It's actually quite funny because they were planning to retire the CME datasuite on Friday last week but last minute they moved the deadline to the end of September. So I want to release the realtime OBEL so that you can enjoy it while it is still available and kinda datamine their website (as it is quite intensive network-wise). I will make a new thread with both OBEL as well.

Lastly, I started working on another project for this community, this one will be a big one and hopefully helpful to the biggest group of people here. For that I will open a new thread too.

Lot of plans, only if I had the time for everything. It will all take a while, remember this all is just a side activity of mine, but I am positive it will happen in terms of one or a very few months (definitely the realtime OBEL thing must go soon). So stay tuned.

John1, why you keep sending me e-mails with questions regarding fxmozart's crack? I just received probably 4th or 5th e-mail from you today. If you want to discuss his work you should ask him, I am not his spokesperson. I already told you at the very beginning that I don't have time to deal with this so I really don't understand why you keep pushing me.

[spoiler=crying over spilt milk]And no, I haven't tried his crack, I don't need to. I only checked the very first file he posted here and then just looked at the datetime of files in his "timebase crack" and that, combined with what he was saying, was enough for me. First he "fixed" the .NET file in the worst possible way. Then he created the keygenerator that is not useful at all because there is already a keygenerator built-in directly in the Deltix software and you can simply just run it any time you want without any bullshit, then he was trying to fix some more than a year old obsolete files, and his last creation, the license server emulation, that's like scratching behind your right ear using your left hand. Every other software in the world has some kind of online check built-in these days and do you see the cracks being made as license servers emulators? Of course not, it's nonsense.

I admit that me telling him that he is doing it wrong without being specific maybe was not very helpful and maybe I should have just kept my mouth shut but I was just being honest. If I see something wrong I say it, it's the very least I can do. It took him weeks to "discover" (in #41) what even an average programmer, actually even a developer, would spot in a few minutes max. Just think about it: weeks vs minutes. The very same short period of time would take even an average person to find out the built-in keygenerator. That he obviously haven't discovered at all yet. From his CV (that you pointed out to me) it is clear that the kid is an application developer, not a system programmer, let alone a hacker (as in "hacking the code", not "kids hacking websites"). He has no formal education nor any expertise with the reverse engineering and on top of that he seems to be quite very confused.

His explanation in #48 defending making license server emulator by saying that it will more probably work with Deltix updates as opposite to simply removing the online check which would not work with Deltix updates is a pure nonsense as every normally thinking person surely must understand that if Deltix people want they can always release a new version that will break the old crack no matter what the crack was based on, that's just a simple logic. There are only downsides of license server emulator, not a single one upside. Surprisingly in #55 he all of sudden notices that removing the online check would be much easier, yet 48 minutes later in #56 he reverts back to his opinion that emulating license server is better because the online check crack would have to be recompiled for a new Deltix version and that is bad because it would take at least 5 minutes. So recompiling the crack is somehow bad, but changing the license server emulator (for which you would first need to decompile and research the Deltix software so that you could find out what responses the changed emulator is supposed to give) is somehow better. Lot of logic here, indeed.

In #45 he gives a URL that doesn't exist and he even repeats it again in #48 even after I told him in #47 that the URL doesn't exist. What person would do that? What person would actually give any URL before trying it first himself? What logic is in that? And to top it off he even writes in #48 "you can check the license by going to : https://www.deltixlab.com/api.php simply"! So he is telling you to go to the URL while he himself obviously never bothered to go to that URL himself, not even after he is told that the URL doesn't exist. Seriously, who would do such a thing? I have only 2 possible explanations for this kind of behavior: either an endless arrogance (as in "I am always right so I don't need to check what I am saying and I don't need to listen what the others are telling me") or some problem related to the brain functions.

I don't understand neither his logic nor what he is saying, his words are in English but it's more as if it was some strange gibberish. What's funny is that he himself admits (in #96) that he is routinely told he is hard to understand, yet he doesn't do anything about that as probably any other normal person would. What's even more funny is that he finds that funny. He is wasting time with some obsolete, over a year old version of Deltix even though I posted here an updated version (obviously again the same attitude "I don't need to listen to others"), he can't even get my damn nick right. Nick of only 3 (three) letters, mind you. I appreciate he is trying something, it's voluntary so no doubt it's admirable, I get it he is young and enthusiastic and all, but he is totally confused and doesn't listen, there is no talking to him. If I had to explain to him and teach him everything what he is missing I would most likely sooner end up in a madhouse and if not I would have to spend so much time with him that I could instead just crack the software myself and get it over with, but unfortunately I don't have time for that, I am sorry.

Now of course I will be the bad guy for telling the truth and driving fxmozart away because he won't stand the rightful criticism (though presented in a kinda lampooning way, I admit) which is exactly what I was trying to avoid by not saying any of what I just said. It's your fault, you pushed me. Well, at least I gave you the genuine license key so that you can try the software for real, at least for a while. Please don't send me e-mails about fxmozart anymore.

(By the way I couldn't answer you in e-mail because it seems that your mail server is refusing accepting e-mails from my mail server.)

Hi everyone,

I was just wondering what is the current situation regarding the virtual private servers (VPS) for trading purposes? I have seen some Metatrader VPS offers, some general trading VPS offers, but quite very few of them overall and rather expensive at that. Is that all there is? Is anyone using something like that? How much do you pay for it? What parameters does it have and are you happy with it?

fxmozart, I don't think you can be helped at this point. I don't want to sound rude or anything, but you are trying to deal with problems that don't really exist, they are only in your head, and your overall approach doesn't help it either. If I explained to you what all you are doing wrong I would risk that you simply run away. That's why I am telling you don't mind me and keep it up, you will get there, eventually. Figuring it out yourself is the best way to learn something, anyway.

Or do you really want me to set you straight? You would have to promise that you won't run away, though.

Well, I don't know what you think is banned and where but the license works for me. Also, the license check I see is done against https://gw.deltixlab.com/license/getlicense/xxxx-xxxxxxxxxxx-xxxx and the Deltix server correctly recognizes the license I provided. I don't see your url (https://www.deltixlab.com/api.php) even existing at all. Maybe we are just looking at different code or something.

But as I said, I don't want to steal your show, so please don't mind me and keep doing what you doing! I said I will provide people here with the genuine license so I did just that and I am not going to intercept any further. Keep it up, you will get there eventually :-bd

I posted 6 licenses on my third post , just like the one you are posting now...and also posted recently a keygen...but this doesn't solve the problems at all..

Do you understand word "genuine"? All licenses you posted are made up, they are not real, they are generated and the Deltix license server of course doesn't know them. The license I posted is a genuine license, the Deltix license server of course does know it. I am sorry I don't speak French so I don't know how else I can explain that to you.

Deltix genuine license key

As promised here is the genuine license key:

4746-124B1DD7EF9-41B7

After you install the software from John1's or mine links (in case of my package don't forget to update the setup batch as I indicated earlier) you will be offered the option to launch QuantServer Architect. Don't bother with that as it would be executed with wrong parameters resulting in plugin repository error, so instead just go ahead and launch the server from the Start menu. Also, while applying the server's configuration you may get an error if you are currently using non-English language in your Windows. In that case simply change to (or add) the English language via the "Region and Language" settings in Control Panel.

Let's see how long it will take till Deltix notices and disables the key. Hopefully by that time the fxmozart's crack will be fully-working (although I don't see why to bother with imitating Deltix license server instead of simply removing the whole license check, but that's another story, I am not going to steal fxmozart's show).

You see, I may go ahead and criticize what you did and did not do, but no matter how rightful and justified such a criticism would be, what would be the point except humiliating you to the roof and destroying your ego? Typical, thus expectable, outcome would be you leaving this thread which is not what anyone would want. I can be hard and criticize my colleagues because I pay them to do what otherwise I would have had to do myself so they are supposed to do it right, but of course none of that applies here. So I will just restrain from any further comments on your fix.

But you at least could have put a few explanatory words including your contact e-mail inside the file as I told you so that people would turn to you with problems. Oh, well.

Just to make it clear to everyone - San4x's fixed version is EURUSD only.

No inner value finding, zero reflection of economics in the prices takes place, gaming with free money at the cost of societies and the "average human beings".

[spoiler=a sick world]Exactly. I didn't think I would say this on a trading forum but, honestly, if I had the power I would cancel and prohibit all financial markets. There is no point in them, their existence doesn't contribute to the world's progress, on the contrary actually. It's just a tool to scam and steal from people and even further widen the hole between us, the billions of normal people, and "them".

In the bigger picture the lawyers of the worldleader banking cartel (goldman etc, the owners of fed) make laws for the countries in the world with help of corrupted politicians, to poisen the world with toxic bank products and debt..

That's another mental sickness. A normal person (most of those 7 billions of people) doesn't have desire to control, manipulate and enslave other human beings. Why would you do that? What would be the point? Also, how much is enough? How many billions and trillions they want to have to have enough? For a normal person with a non-twisted mind this just doesn't make any sense.

And the debt thing? I personally think it's just a tool, a number, a magical word used when they want to achieve something like to put some regulations in place or make someone do something. It's not the real debt anymore, it lost its function. If you think about it, every country owes to everyone and no one actually is even trying to pay it off (let alone the question whether it is even realistically possible to ever pay it off). Now, if everyone owes to everyone who is the one who they all actually owe to? Well, we know it's the banks but we also know it's not being paid back and it will never be. So what's the point? It's all just numbers, all is only on paper, not real. If the whole world owes to the banks and no one pays back what will happen? Will the banks take over the countries, over the whole world? Hardly, why would the whole world (the vast vast majority) let it happen? So it's pointless. It's just a bogeyman.

By the way, think about how much of the companies accountings, state budgets etc. is real and how much of it is full of those fictitious numbers, imaginary debts and profits. What is the point?

They even totally destroyed the whole concept of the money. The original meaning was quite ok - by working you give away some value and for that you get the money which in turn you can exchange for another value. But now money is just a number, it's not backed by any real value anymore. So you work, your bank balance number increases. You withdraw some, your balance number decrease and you get some paper in your hand instead. Now imagine what would happen if you lost this paper, burned it or otherwise destroyed it. Where the value that was supposed to be represented by this money would have gone? Has it disappeared? How is that possible? Someone created this value by his work so the value can't just disappear. Now imagine if it wasn't you but the state, a federal reserve bank or something. Let's say they transport some cash money in a truck and the truck burns down. Nothing was stolen, no one took advantage, only the paper money was destroyed. Does the state say: "oh, we just lost xyz millions"? Of course not, that would be totally crazy because the only thing that got lost was the paper, not the value. So they simply print new paper. But they won't print new paper for you.

You can sense increasing disillusion and disappointment through the whole second half of 20th century, this economic system just doesn't work. Especially from 90s and more recently as all those bubbles burst, one by one. While preppers are prepping, the most people more and more focus on "now", not on future anymore. It's as if they expected that something bad will soon happen, they just want to enjoy what they can while they can. That's probably one of the reasons that draws more and more people into trading, they see a chance, more like a theoretical one, to get big money quick. The worse the situation is, the better is doing hazard, entertainment and booze industry. Artificial smile (and bodyparts) everywhere, everyone got their tablet (now only the uniforms and it will look exactly like in the Star Trek movies) but in reality everything is just a fake.

I was born in deep communism in the middle of Europe. Then, there was no prospect of a better tomorrow, but we knew that "outside" there is a better world, a freedom. Now, except North Korea and some other places you have freedom pretty much everywhere but if you look closely you realize it's all just fake, nonsense, not really better. Communism is utopia, it can never work, but those lunatics were at least trying to make it work. Nowadays no one is trying anything anymore, they just consume and scam each other.

Where ever you look in the world something is broken. They did get rid of Saddam and, allegedly, Osama but that's pretty much all good they did. They don't care about Kony, about what's happening in Burma and other places, about billions of people living under poverty line, about tens of thousands children dying every single day. Who would care about them, they are mostly black in some Africa corner, nothing to pay attention to, no oil or money there. More important is Dancing With The Stars, American Idol and what new nonsense video went viral on YouTube. They even couldn't implant a bomb into Dennis Rodman body to get rid of that mongoloid-looking Kim and free some 24 millions of brainwashed people in the process. Now the mongoloid got nukes, the future is indeed promising.

I was wondering 1 think i have been looking for longtime for somekind of indicator of the news release who autoupdate with the projected and then the outcome i was wondering which 1 you are using.

Well I am not really using anything. If you are referring to a news thingy in UDC FAT picture that's a "decoration" I programmed to fill an empty space there. But I think there is a lot of realtime Metatrader news "indicators", isn't it?

in my chart not open indicator . any settings is there

If you got the engine only it won't work on its own, you need to get the OBEL indicator as well. Scroll back in the thread.

I am still waiting for fxmozart's license generator he was bragging about here. I give him one more week and after that he will prove himself to be just another pathetic lowlife leech who is all about taking from others and not giving back anything. Sorry but there is nothing in the whole world I hate more than this kind, especially on this great forum where sharing and helping each other is the first and foremost thing. After fxmozart case is resolved, no matter of the outcome I will give you a brief instruction how to install this sophisticated software and I will also give you a fully working genuine license key. So don't worry you will not have to beg anyone, not on my watch.

P.S.: John1, if you somehow orchestrated this in order to hook me up then your plan succeeded, congratulations. No, but seriously guys, you see, John1 asked me some time ago to help with cracking this software but I couldn't due to my limited time resources, so when I noticed that someone else took over I was truly happy. However the recent behavior of this individual (something fishy could have been sensed from his post #9 where he indirectly asked for thanks) simply provoked me to dig into this software myself. It's really sad, you can see the same scheme over and over again: someone is pretending to help you only to silently disappear after he exploited you and got from you everything he could. I just don't understand how these selfish hypocrites can live with themselves.

The file with *003 extension - what to do with it?

Extract the files using 7-Zip.

http://mir.cr/HWLRTLCV

http://mir.cr/0CPLLDSK

http://mir.cr/YKQBFR93

http://mir.cr/0JEJO71O

http://mir.cr/0SEBJQP2

http://mir.cr/WR9KMAWQ

or

http://directmirror.com/files/EVQDPYI7

http://directmirror.com/files/1GVSCLCI

http://directmirror.com/files/UM2MVI19

http://directmirror.com/files/1AESKETM

http://directmirror.com/files/1RQTNLPL

http://directmirror.com/files/1LW2R3FA

I put it also on multiupload.nl but it seems to be stuck at 99%. If it ever gets unstuck I will add those links as well.

//EDIT: What I uploaded may be incomplete, you probably will want to update the setup batch, but it does contain newer versions of QO and QS.

i would be thankful for the updated indicator just for EUR/USD. Are the option expiries those of CME 10am NY time?

The data is taken from http://www.cmegroup.com/trading/fx/g10/euro-fx_quotes_settlements_options.html, which holds the same information (albeit in a slightly different format) as the CME daily bulletins (the PDF files).

All I can say UDC is keep up the good work.

Show those Greedy Top Tier guys, that greed is NOT good.

Spread the love around my friend!!!

 

Well done..

Thank you.

[spoiler=a bit of (un)related rambling]I just hate all those scammers, all those pathetic jesters who are incapable to achieve anything honest by themselves, all those arrogant bastards who all they know and all they do is just trying to scam you for the last penny you have. This human garbage can be found in every area, that's nothing new, but here in trading it's just really inhuman. As if it wasn't enough that you are trying to make it in the world's riskiest market, there must be these creatures who undermine you even further. It's everywhere - from fake brokers offering you fake trading, through all those fake e-books, webinars, strategies and methods up to all that fraudulent software with nonsense indicators and robots. This includes the forums as well. Vast majority of the trading related forums are simply cash cows for their owners. You can spot it quite easily - they censor, ban or otherwise get rid of everything and everyone that doesn't fit into their schemes and tricks. That's why I like this forum, it's like one of the very last oases in the otherwise totally twisted and corrupted world.

All this human trash they could never make a living by their own trading but they will endlessly try to convince you of the very opposite - they will do everything to pretend how successful and experienced and knowledgeable traders they are. It's all fake, it's all only about appearance. Look at Madoff, look at Dreier, Ponzi or anyone else of that sort. They all admit that the key to successfully scam people (at least for a while) is in the appearance. It's not that difficult to check which of those pseudo-companies are real and which are just a fake. Just check whether they really exist, in what country, where they have the seat, the offices, check their public records, their accounting, whether they pay taxes, what well-known companies they partner with, how many employees they have, what kind of employment contract they provide to their employees and whether they offer them a standard package of benefits including the pension plans. One of the attributes that makes a company the real and trustworthy company is whether they are trustworthy employer in the first place. If you do this checking you will find out that most of these "companies" are fakes, either don't really exist or exist only on paper, have registered seat somewhere offshore where no honest company would ever register a seat, have either no offices at all or some small dirty office in some dirty office building, have all their support services being outsourced, have all their IT rented, have either no or a very few employees (and of a suspicious look and history at that). Often it's basically a one-man show operating from some lousy garage who just rented all that, paid to some kid to make a website, paid a license fee to Metaquotes, can't speak English and is dumb enough to not even hire a proof reader to make sure all the text have proper grammar. To even further lower their expenses they hire someone from Asia to write some non-working software and voilà. Then they make a few carefully selected and redacted screenshots and videos and they start spamming with their scams all the forums and infinitely repeat their lies until people start talking about it as it was the truth.

Everything in the trading software and services area, except maybe a few rare exceptions, is a scam and their common goal is to get your money before you lose all of it on your own in trading. That's how they look at you: as a worthless retard who will lose everything anyway so they just want to get at least some of your money before that happens. Now, don't get me wrong, I of course don't support anything illegal in general, but cracking and sharing the software that will most probably turn out to be just another fake? Hell yes! Anything to lower the income of those scammers, anything to reveal their scams. I have no doubt no one would mind paying for a software that actually really helps him to make money, but about what software of all this plague of garbage can you honestly say that? I am involved in some security stuff within my work where I have to deal with the criminals so I know how they think, know their mentality (or rather their mental sickness), but I must say I have never encountered such ruthlessness and cold-bloodedness as in the world of high finance. So if I can do something to undermine them, for once, to crack some of their scam software or make some software for you, and have time and resources for that, I will gladly do that and I will take great pleasure in their pain and their desperate barking and efforts to harm or defame me, because people are not that incompetent to not see it through and not realize who is trying to genuinely help them and who is just trying to leech off them.

I am not a trader, I stick to mine (sutor, ne ultra crepidam), I couldn't do that, I wouldn't have guts to do that and I truly admire all of you who are trying to actually do that. That's why it makes me so mad that in your almost impossible task you are attacked from left and right by all those scams. As a programmer I do and program as agreed in the contract and that could be all I could care about, but I always try to go an extra mile and make sure that what I do is actually useful, that the clients are satisfied and happy with the software. It's not only about programmer's pride and reputation but this client approach is what lay the grounds for mutually profitable long-term client-supplier relationships. I don't want you to use my software if it's not helpful to you, even if it's for free. And if I ever ask you any money I would tell you twice "don't pay me a single cent unless you are sure that the software will help you", even if the price was only a few dollars, it's not about the price, it's about the principle. But those scammers they don't care about any of that, they are just pure marketers. They simply figured that if they fabricate this junk product or service, set this price, invest this into advertising and get this level of refunds they will be profitable. At least for a while. So they just go for it. All the risks are already accounted for. But can you actually call something like that "a business"? There are countless marketing tricks and schemes you could use to get rich quick. As well as there are countless books and guides where you can actually read and learn all about it and thus quickly recognize when you see one. Oh, well.

Anyway, you surely have something to look forward in the upcoming weeks so stay tuned.

udc...since this has gone on since 2011 on this thread, I suspect that he has paid for some level of marketing to the Forum...just my guess...

That would be kinda outrageous ;-) No, but seriously, it seems he just got banned so the moderators here didn't disappoint.

It was rather odd situation, though, the guys here created a thread for sharing this tool and then the author of the software himself steps in and starts announcing new versions luring to his commercial website. He effectively silenced all the others.

Maybe there could be some special section on this forum for such commercial activities (or is there already? I haven't found one).

No Spamming is the very first rule of this forum, let alone a commercial spamming.

Just click on the triangle icon (next to the "Thanks") and report all his spamming posts that obviously no one here wants.

I've made a license generator and all ,but my problem is , the service you are showing is never installed when i do the installation.

Why don't you publish it then? Or do you want each and every other person to again spend time on the very same task as you did and make their own generator, reinventing the same wheel over and over and over again? Surely not so.

Server version 4.3.INTERNAL.23287 (PV#73) is incompatible with this client version 4.3.INTERNAL.23232 (PV#72). Connection was refused by server

I can up the latest version of the whole deltix thing.

San4x, I know I told you that it would be great to release the fixed OBEL-engine with the fix applied to all instruments in the engine because fixing only the EURUSD and leaving the rest non-working may be confusing and deluding for people here. But I don't want to "terrorize" you by forcing you doing that, especially if you don't have time. Maybe as a compromise you could release what you already have with the working EURUSD as a "special version" now and then, if you find time and will feel like it, release the "full version" later. Just please rename it so that it's clear that it's only for EURUSD (like "OBEL-engine_EURUSDonly" or something), write a few words about it and the fact that the fix is not by me in the beginning of the file and perhaps comment out the external variables allowing to turn on the other (non-working) instruments (make them permanently switched off). That should be quite quick and no-brainer for you and the guys will get at least something working right now.

On a separate but related note, the CME is watching closely this and other activities related to (mis)using their market data and they are ready to take action once someone tries to profit from it without being their authorized distributors. This is especially towards the reselling, not when you yourself get the data directly from their public website and try to use it as an advantage in your own trading. That was also one of the reasons why I designed OBEL-engine as a fully stand-alone self-sufficient tool that isn't using any intermediate service, free or not, so you definitely should not need to worry.

For this reason I will bury the OBEL logic deeper into my UDC FAT so that it will serve only as an internal supportive mechanism to help classify the UDC Levels data. The result should be much clearer and more relevant picture.

I started some conceptual work on the sample code for a native UDC FAT client for Metatrader, as I indicated earlier, and I think I will be able to achieve latency around 200-500ms so that's surely a good news. Of course this is only just for the current "preview" phase, the final solution will have much lower latency. I also managed to create a synthetic quote stream, including a simple DOM, from several external data sources and it's (not really) surprisingly faster than vast majority of data feeds you get from your average retail trading platform, so funnily (or rather sadly) enough even despite the mentioned latency you maybe will get the EURUSD quote faster from my client than from your own broker, and definitely with a higher frequency.

Even with the native client out I will most probably keep the visualization website running so that you can have a peek from anywhere (I like checking the web from my android phones), it needs only around 0.5 Mbps bandwidth so it should be acceptable even for some slower mobile Internet connections, and the working hours will get broader from the current 05:00-22:00 GMT to 00:00-22:00 GMT (the native client will run of course nonstop 24/5). The same goes for the length of the respective recorded videos that will be uploaded to YouTube almost immediately at 22:00 GMT without any further delay.

A lot of exciting news..

UDC FAT status update

Hi everyone,

I am getting some feedback on the UDC FAT (forex analysis technology) preview I gave you an early access to, so I just thought I would answer some common questions here instead of answering the mails individually.

More pairs

As this is a preview (a proof of concept, if you will), and a temporary one at that, I don't plan on adding more pairs into the picture at this time.

What are those 2 oscillators on H1 charts

That's part of the "decoration" for those indicator maniacs who feel lost without having at least a couple of indicators. They are also the only pieces of code not programmed solely by me as I am using in them some algorithms I downloaded off the Internet. You maybe also noticed by now that these indicators are flashing red or green sometimes, that's based on a few conditions I put in and definitely shouldn't be taken too seriously (as all the indicators in general should not).

Changes in the picture

Actually there is one I was thinking about. The tick chart in the upper left corner is the ideal place for some real-time information. I was thinking about showing there the real-time quotes and/or the depth of market from 6E futures (adjusted to spot FX), and possibly also quote/DOM from some other market data providers I have access to. But I will have to think it through first. Maybe to avoid some possible legal issues I will just somewhat "sum" the data from various providers together and show only a single additional quote and DOM, that way no one would be able to say whose data I am using. Also, maybe I won't put it in the existing tick chart but instead make the currencies chart more narrow (from showing 13 minutes to showing only 10) and make a new big tick chart on the right side.

Faster screen update

At the moment the update interval is 2 seconds and considering the other delays the final picture you get on your screen may show the data from as late as 5 seconds ago. That makes it not really real-time, I know, but even if you are scalping it might still be helpful despite this delay. To make it faster it would have to be changed from serving a PNG picture to streaming a H264 video and it makes no sense to spend time doing that as the whole point of this is only to demonstrate how the technology works and visualize the data it produces. I know I am somewhat raping Metatrader for this purpose and indeed several times I was considering using some of countless freely available charting libraries instead, but at this time I think I will just leave it be.

How much longer will it be available (for free)

Well, I guess on production side you don't see much happening except some occasional failure, although you may noticed that the videos are being encoded and uploaded to YouTube much faster since the last Friday, but there is still a lot of work on the development side. It will take at least 1 more month before I will be able to make this official. What will happen then I really can't predict, but what I expect to happen is months of negotiations and further work before it will be licensed to someone and probably another x months before that someone will start offering it to the retail.

However I was thinking that it would be probably a wise move to prepare in advance some sample codes of a client software so that it would be easier for system integrators. What that means to you is that at some point I will give you a client software package (at first phase it will be some mq4 files for Metatrader) that will be getting the real-time data from my servers at a rate, let's say, twice per second, and draw what you can see now from the picture (or most of it) on your charts. Sounds cool?