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Indicator OLI


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Indicator OLI transmits signals to the entrance to the market

In archive there are four indicators of Russian and English versions. Manual in Russian offers there

If not installed, contact your private messages

Screenshots indicators of Russian and English version, see here

Screenshots:

http://clip2net.com/page/m0/3164635

http://clip2net.com/page/m0/3164527

Download indicator can be here:http://files.mail.ru/6LG96T

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Re: Indicator OLI

 

TF H1

 

The indicator is designed to output to the terminal's most popular MT4 trading platform option levels that are highly likely to become support / resistance levels for the current trading day.

• LED optional levels of OLI uses the results of the analysis of trading foreign currency options over the past trading session on the CME (Chicago Mercantile Exchange). CME - one of the largest trading platforms in the world and is the leader in terms of trading currency otsionami. It is for this, we chose the CME as a source of information for analysis.

• our product, we tried to look behind the scenes of the "big trade" and realized the attempt to define the mood of the major operators of the market up to the last trading day to the next.

For more information about display option OLI levels can be found at Neskuchniy blog about forex. At the same site has a forum discussing the foundations of the indicator, and for the exchange of operational information on the current trade situation, organized chat.

In the actual levels of the indicator option, we offer you several ways to trade with it. This information, as well as advice on registering and setting the indicator can be found in the User Guide.

Brief description of the indicator option levels

As possible to defining levels of support / resistance plays a crucial role in any trading system. Without, and not contesting the various methods for determining these levels, we offer you a method of constructing a support / resistance levels.

The basis of the indicator optional levels on the analysis of the results of foreign currency options trading for the last session on the CME (Chicago Mercantile Exchange). Programs range from a specially developed algorithm analyzes the results of foreign currency options trading at the CME. Results of the analysis are drawn in the file. Indicator option levels at a fixed time connects to the server, downloads a file with the results of the analysis and display relevant data on the graphs MT4 trading terminal. The indicator works on the following instruments: currency futures 6A, 6B, 6C, 6E, 6J, 6S, and currency pairs AUDUSD, GBPUSD, EURUSD, USDCAD, USDJPY, USDCHF.

Registration, installation and configuration of the indicator option levels

To use the indicator to undergo compulsory registration site http://fxvolume.ru.

 

Username and password you specified during registration is used for authentication in the settings of the indicator. At the moment the indicator is implemented in two versions: OLI_ver2.0_RU and OLI_ver2.0w_RU. Version OLI_ver2.0w_RU implement the findings of the window of the "Recommendations", which are the author's vision of the market using an indicator.

For proper operation of the indicator should allow the import DLL.

 

Fill «Login» and «Password» Data specified in the registration site at http://fxvolume.ru.

 

Field "Popravka_k_GMT" allows you to synchronize the time of your broker in time for the Greenwich meridian.

Incorrect setting of this parameter will lead to what you will receive the levels of late. Calculation of the amendments made by the formula: "Popravka_k_GMT» = T (B) - T (GMT), where T (GMT) Greenwich Meridian Time, T (B) time in the terminal of your broker. For example, the time in the terminal your broker T (B) = 10:00, while the Greenwich meridian at the same time T (GMT) = 14:00, while "Popravka_k_GMT" = 10 - 14 (2) = 8. In the field "Popravka_k_GMT" enter 8 (a sign is not considered).

By default, when you first start indicator loads the story levels for a period of 10 days from the current day. You can change this setting in the field "Period."

 

If you want to view the history for a certain period. Switch "Prosmotr_istorii" should shift in the position of «true», the initial date of the period specified in the field "Start", the ultimate in the field "End". Also note the date format in these fields year.month.day, leave time, 00:00.

 

If your broker in the name of the currency instruments used different prefixes (eg EURUSDm), then for the correct operation of the indicator Turn switch "prefix" to a state of «true» and in the appropriate field, enter the name of the couple taken by your broker.

 

Colors lines displayed indicator, as well as their style can change in the fields:

 

"Tsvet_liny - the line ends;

"Tsvet_Klyuchevoy_zony - the line key areas;

"Stil_liny" - style of all lines;

"Tsvet_teksta" - the color of the text of the "Recommendations" - this option is used to display

If you followed all the steps correctly, in the terminal window will see something like this:

 

If you choose to work version OLI_ver2.0w_RU, then the terminal will see the following:

 

Indicator updates its data with the frequency of once every hour from 2:00 to 15:00 (Moscow time). This does not mean that the indicator every hour rewrites levels. Sometimes we need to adjust the levels after the final report on the results of the tenders. This correction is usually negligible and there is no more than 1-2 times a month.

Some techniques work with indicator option levels

Give a general characterization of output level indicator.

 

Figure yellow rectangle - a key area. According to its meaning is an area of equilibrium. This is the zone where the forces of "Bears" and "bulls" are equal. A key area is used to signal the day. If the day opens above the key zone, it is considered that the day is preferred for purchases. At the same time in the column "Common signal is displayed« BUY ».

 

If the day was called following key areas, the signal output «SELL».

 

If during the day a key area of price breaks, then the signal is reversed.

 

When the day was called in the key area, the overall signal is not defined. In this case, the overall signal is determined based on the previous day, namely: if the day was Baev (opening price of the day below the closing price), then the signal will be «BUY»; if the previous day was sellovym (opening price above the closing price), then the signal next day will be «SELL».

 

Basic technique

Technology-oriented work within the day. The basic technique is based on a statistical fact, which indicates that approximately 80% of cases, after penetration of a key price zone day closes above / below (depends on the direction of penetration) it. This fact is illustrated in the figure below.

 

The figure shows that after penetration of key areas, although the price rose above it, all the same day, closed below the zone.

Pending orders are set based on the total signal. If the signal «BUY», we assume that the zone will become a key level of support and she should buy. As a minimum goal is a first line goals. It recommended to close the half open position. Stop expose below a key area. Size of the stop in the general case is equal to the width of the key areas. If the key area of narrow (less than 10-12 p), then the stop is 15-20P. Let's look at the picture.

 

Now consider the option when triggered Stop loss order. In this case, we expose Sell stop order at one point below the previous Stop loss orders to recover losses on the first transaction. Stop set at 15 p above the first line of goals for purchases.

 

Similarly, we act in the case of a signal «SELL». The figure below shows the placement of orders for the signal «SELL».

 

Certainly, there are situations when the price action does not fall within the identified statistical regularity. In such cases, such situations often foreshadow a strong intraday trend of the next trading day. Let's look at the picture.

 

Separately to highlight the basic tactics of using averaging. In this variant of Trade after the coup and the withdrawal price below / above the key zone is recommended to average for each line ends. Stop at all the positions set at 20 and below (for sales - above), the last line ends. Consider the picture.

 

The day was opened below the key area, because the overall signal «SELL». In point 1 worked Sell limit order, which closed at 2 on Stop loss warrant. In point 2 of the coup Buy stop warrant half the positions will be closed at 3, and the rest of the - stop transfer in bezubytok. At point 4 the rest of the positions are closed to zero. Since the price has broken a key area, the expected closing of the day above it. When the price falls below the key areas, expose Buy limit orders at the points 5,6,7,8. Stop all the open position would be placed at 9. All open positions are closed when you return to the core zone, and if not, then at the end of the day.

Do not see often, but very strong tier pattern occurs when one of the lines falls into the key objectives of the zone. In most cases the price can not get a tiered structure. Very often, after lights out from this tier areas there is a strong movement. If you are still unable to overcome such a price tier area, the subsequent motion also has a strong character. The figure shows the formation of tiered pattern of evrofyucherse August 4, 2009. Unable to overcome the formed tiered zone, the price in the next few days has decreased by more than 300 p.

 

Aggressive technology

Aggressive technology is also designed to trade within the day. In contrast to the basic technology, an aggressive technique when making trading decisions are not taken into account neither the "general alarm" or a "key area". The work is conducted from the first lines of the goals. Consider the picture.

 

In most cases, the opening day of falls in the zone between the levels of the first goals (the first blue lines above and below the core zone). Pending orders being deployed on the first lines of the goals with a stop at 20-30 n. As the goals are: a key area, the levels of goals. Here are a few examples.

 

 

 

In achieving the first objective, we recommend to close the half open position, and the rest moved to bezubytok. The last figure shows that the price has not reached the second goal. In such cases, the remainder of the positions are closed at the close of the day.

Consider the situation where fires Stop loss. The figure below shows the situation when after activation Sell limit orders triggered Stop loss. In such situations, turns into a buy with a stop below the first-line targets for sales. The purpose of purchases - to restore the loss in the first transaction.

 

Now consider the situation where the previous day's close is below / above the levels of the first zone objectives. Such situations do not occur often, but still there are. In such cases we recommend to wait for clarification. The figure shows that at point 1 formed resistance. This resistance was punched in the point 2. At this point we enter the market with a stop below the low of the previous day. As we select the key objectives of the zone and the first line goals. Typically, in these days the movement looks heavy.

 

Conclusion

1. Accuracy levels of labor-output indicator depends on the volume of trades in options on the CME. The higher the volume, the more precisely practiced levels. As a rule, the maximum trading volume accounted for evrofyuchers (6E), because the accuracy and working out on Euro maximum. Examples in this guide are given for evrofyuchersa.

2. In this manual, reviewed the situation for futures. If you are trading in Forex, you need to adjust the levels of inputs and stops the light spread your broker.

3. These techniques are not considered finished trading systems, because the question manimenedzhmenta not affected.

4. Accuracy of working out the levels for various instruments in the following order: 6E (EURUSD), 6J (USDJPY), 6B (GBPUSD), 6C (USDCAD), 6A (AUDUSD), 6S (USDCHF). As recovery from the economic crisis will be restored and the volume of trading foreign currency options. The accuracy of working out the levels of all the tools will grow.

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