khaira39 Posted April 13, 2013 Report Share Posted April 13, 2013 Flipper26, Check your broker eurusd symbol, if it is eurusdXX, you must enter it to the OBEL-engine in the EURUSD box. As for other symbols i am not sure cuz only eurusd is working for me. Also when attach the OBEL-engine, pls go to the Expert tab to view if it has collected all the data from the CME website. You need to wait for a while. Hence pls ensure your INTERNET is working before you attach the OBEL engine Quote Link to comment Share on other sites More sharing options...
⭐ flipper26 Posted April 15, 2013 Report Share Posted April 15, 2013 Flipper26, Check your broker eurusd symbol, if it is eurusdXX, you must enter it to the OBEL-engine in the EURUSD box. As for other symbols i am not sure cuz only eurusd is working for me. Also when attach the OBEL-engine, pls go to the Expert tab to view if it has collected all the data from the CME website. You need to wait for a while. Hence pls ensure your INTERNET is working before you attach the OBEL engine I tried your suggestions today, double checked my symbols but still can't get it to work. It says "Processing Oil/NSDQ/Whatever instrument I have set" but then I get "Error, CME trade date not found" for Oil and "Error, CME nearest month expiry date not found" for Nasdaq. It then says it will try again in 2 min. If anyone has any ideas as to what I am doing wrong or settings to change it would be greatly appreciated. Thanks. Quote Link to comment Share on other sites More sharing options...
FXTrader78 Posted April 16, 2013 Report Share Posted April 16, 2013 Question UDC Hey UDC thanks for your generous contribution to the forum, I was at a loss when the Power Levels site went down, but it looks like you have breathed life back into it again, I must say I'm sure I'm not speaking just for myself we are all thankful for your hard work and dedication. Now I have a couple questions and I always prefer to get it from the horses mouth. What instruments does this all work on, I know it works on the Forex Majors, but I also trade futures contracts and if it works on those also that would be better than any 7 virgins Allah would give me. LOL, but all jokes aside do you plan on adding instruments if they are not already being used that is? And if not is the calculation at the bottom of this post still one that is used to come up with the levels? Just in case you don't add any more instruments to the OBEL indicator I would do the footwork myself in a spreadsheet. But I'm still just not clear on the calculations needed to do it. Any input would be greatly appreciated. Thanks again for your contribution. Call: Strike/1000 + Settle * 10; Put: Strike/1000-Settle * 10. You watched the column Change, so you and get a level 6068. If we take the data from column Settle, we get the following: 6000 +2.65 * 10 = 6026.5 with regard to rounding 6027 - paraxs and ⭐ flipper26 2 Quote Link to comment Share on other sites More sharing options...
San4x Posted April 17, 2013 Report Share Posted April 17, 2013 http://content.screencast.com/users/san4x/folders/snagit/media/66393ce7-2343-4650-a17d-a5de64a88af7/04.17.2013-10.41.png All works fine here. So those who have problems, be patient with the indicator, it might take a few mins to display the levels especially if it needs to download all data, process the files etc. Now I have a couple questions and I always prefer to get it from the horses mouth. What instruments does this all work on, I know it works on the Forex Majors, but I also trade futures contracts and if it works on those also that would be better than any 7 virgins Allah would give me. LOL, but all jokes aside do you plan on adding instruments if they are not already being used that is? Have you taken the effort to look at the settings in the OBEL engine at all? If you did, you would notice several eminis and oils are also represented. khaira39 1 Quote Thanks for the kudos...much appreciated! Link to comment Share on other sites More sharing options...
FXTrader78 Posted April 17, 2013 Report Share Posted April 17, 2013 (edited) Hehe yeah, I looked after I made the post I seen that :) my bad, only thing is now I don't show any levels at all anymore I am using the OBEL engine fixed version and OBEL indicator but alas it shows no kind of levels. I've been looking in the logs and don't even see anything working now. It was working yesterday...have no clue why it stopped...although i did look on CME website and I don't see the bulletins listed...if that is what is used...I still trying to figure calculation for spreadsheet. Any help would be greatly appreciated http://i48.tinypic.com/107t5qq.jpg yesterdays worked fine http://i48.tinypic.com/105cgg2.jpg Edited April 17, 2013 by FXTrader78 Quote Link to comment Share on other sites More sharing options...
FXTrader78 Posted April 17, 2013 Report Share Posted April 17, 2013 And here is part of my log from today 05:53:06 OBEL GBPUSD,H1: deinitialized 05:53:06 OBEL GBPUSD,H1: uninit reason 5 05:53:06 OBEL GBPUSD,H1: OBEL v1.07 (GBPUSD) 05:53:06 OBEL GBPUSD,H1: UTC to Broker's time offset (detected): -60 minutes 05:53:06 OBEL GBPUSD,H1: initialized 05:53:10 OBEL-engine GBPUSD,H1: uninit reason 5 05:53:10 OBEL-engine GBPUSD,H1: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.17.csv not found 05:53:10 OBEL-engine GBPUSD,H1: (Init: GBPUSD) Can't load previously saved data, file OBEL_GBPUSD_2013.04.17.csv not found 05:53:10 OBEL-engine GBPUSD,H1: (Init: USDCAD) Can't load previously saved data, file OBEL_USDCAD_2013.04.17.csv not found 05:53:10 OBEL-engine GBPUSD,H1: (Init: EURUSD) Can't load previously saved data, file OBEL_EURUSD_2013.04.17.csv not found 05:53:10 OBEL-engine GBPUSD,H1: (Init: USDJPY) Can't load previously saved data, file OBEL_USDJPY_2013.04.17.csv not found 05:53:10 OBEL-engine GBPUSD,H1: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.17.csv not found 05:53:10 OBEL-engine GBPUSD,H1: initialized 05:53:10 OBEL-engine GBPUSD,H1 inputs: RefreshEveryXminutes=15; GetHTMLverbose=false; Silent=false; 05:53:33 OBEL-engine USDCHF,M15: loaded successfully 05:53:35 OBEL-engine USDCHF,M15: uninit reason 1 05:53:35 OBEL-engine USDCHF,M15: removed 05:53:35 OBEL-engine USDCHF,M15 inputs: RefreshEveryXminutes=15; GetHTMLverbose=false; Silent=false; 05:53:35 OBEL-engine USDCHF,M15: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.17.csv not found 05:53:35 OBEL-engine USDCHF,M15: (Init: GBPUSD) Can't load previously saved data, file OBEL_GBPUSD_2013.04.17.csv not found 05:53:35 OBEL-engine USDCHF,M15: (Init: USDCAD) Can't load previously saved data, file OBEL_USDCAD_2013.04.17.csv not found 05:53:35 OBEL-engine USDCHF,M15: (Init: EURUSD) Can't load previously saved data, file OBEL_EURUSD_2013.04.17.csv not found 05:53:35 OBEL-engine USDCHF,M15: (Init: USDJPY) Can't load previously saved data, file OBEL_USDJPY_2013.04.17.csv not found 05:53:35 OBEL-engine USDCHF,M15: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.17.csv not found 05:53:35 OBEL-engine USDCHF,M15: initialized 05:53:37 OBEL-engine USDCHF,M15: Processing AUDUSD 05:53:37 OBEL-engine USDCHF,M15: (AUDUSD) CME trade date: 04/16/2013 05:53:38 OBEL-engine USDCHF,M15: (AUDUSD) CME nearest month expiry date not found 05:53:38 OBEL-engine USDCHF,M15: Processing GBPUSD 05:53:38 OBEL-engine USDCHF,M15: (GBPUSD) CME trade date: 04/16/2013 05:53:38 OBEL-engine USDCHF,M15: (GBPUSD) CME nearest month expiry date not found 05:53:38 OBEL-engine USDCHF,M15: Processing USDCAD 05:53:38 OBEL-engine USDCHF,M15: (USDCAD) CME trade date: 04/16/2013 05:53:38 OBEL-engine USDCHF,M15: (USDCAD) CME nearest month expiry date not found 05:53:38 OBEL-engine USDCHF,M15: Processing EURUSD 05:53:39 OBEL-engine USDCHF,M15: (EURUSD) CME trade date: 04/16/2013 05:53:39 OBEL-engine USDCHF,M15: (EURUSD) CME nearest month expiry date not found 05:53:39 OBEL-engine USDCHF,M15: Processing USDJPY 05:53:39 OBEL-engine USDCHF,M15: (USDJPY) CME trade date: 04/16/2013 05:53:39 OBEL-engine USDCHF,M15: (USDJPY) CME nearest month expiry date not found 05:53:39 OBEL-engine USDCHF,M15: Processing USDCHF 05:53:39 OBEL-engine USDCHF,M15: (USDCHF) CME trade date: 04/16/2013 05:53:40 OBEL-engine USDCHF,M15: (USDCHF) CME nearest month expiry date not found 05:53:55 OBEL-engine GBPUSD,M15: Processing AUDUSD 05:53:55 OBEL-engine GBPUSD,M15: (AUDUSD) CME trade date: 04/16/2013 05:53:55 OBEL-engine GBPUSD,M15: (AUDUSD) CME nearest month expiry date not found 05:53:55 OBEL-engine GBPUSD,M15: Processing GBPUSD 05:53:55 OBEL-engine GBPUSD,M15: (GBPUSD) CME trade date: 04/16/2013 05:53:55 OBEL-engine GBPUSD,M15: (GBPUSD) CME nearest month expiry date not found 05:53:55 OBEL-engine GBPUSD,M15: Processing USDCAD 05:53:56 OBEL-engine GBPUSD,M15: (USDCAD) CME trade date: 04/16/2013 05:53:56 OBEL-engine GBPUSD,M15: (USDCAD) CME nearest month expiry date not found 05:53:56 OBEL-engine GBPUSD,M15: Processing EURUSD 05:53:56 OBEL-engine GBPUSD,M15: (EURUSD) CME trade date: 04/16/2013 05:53:57 OBEL-engine GBPUSD,M15: (EURUSD) CME nearest month expiry date not found 05:53:57 OBEL-engine GBPUSD,M15: Processing USDJPY 05:53:57 OBEL-engine GBPUSD,M15: (USDJPY) CME trade date: 04/16/2013 05:53:57 OBEL-engine GBPUSD,M15: (USDJPY) CME nearest month expiry date not found 05:53:57 OBEL-engine GBPUSD,M15: Processing USDCHF 05:53:58 OBEL-engine GBPUSD,M15: (USDCHF) CME trade date: 04/16/2013 05:53:58 OBEL-engine GBPUSD,M15: (USDCHF) CME nearest month expiry date not found 05:53:58 OBEL-engine USDJPY,M15: Processing AUDUSD 05:53:58 OBEL-engine USDJPY,M15: (AUDUSD) CME trade date: 04/16/2013 05:53:58 OBEL-engine USDJPY,M15: (AUDUSD) CME nearest month expiry date not found 05:53:58 OBEL-engine USDJPY,M15: Processing GBPUSD 05:53:59 OBEL-engine USDJPY,M15: (GBPUSD) CME trade date: 04/16/2013 05:53:59 OBEL-engine USDJPY,M15: (GBPUSD) CME nearest month expiry date not found 05:53:59 OBEL-engine USDJPY,M15: Processing USDCAD 05:53:59 OBEL-engine USDJPY,M15: (USDCAD) CME trade date: 04/16/2013 05:53:59 OBEL-engine USDJPY,M15: (USDCAD) CME nearest month expiry date not found 05:53:59 OBEL-engine USDJPY,M15: Processing EURUSD 05:53:59 OBEL-engine USDJPY,M15: (EURUSD) CME trade date: 04/16/2013 05:53:59 OBEL-engine USDJPY,M15: (EURUSD) CME nearest month expiry date not found 05:53:59 OBEL-engine USDJPY,M15: Processing USDJPY 05:54:00 OBEL-engine USDJPY,M15: (USDJPY) CME trade date: 04/16/2013 05:54:00 OBEL-engine USDJPY,M15: (USDJPY) CME nearest month expiry date not found 05:54:00 OBEL-engine USDJPY,M15: Processing USDCHF 05:54:00 OBEL-engine USDJPY,M15: (USDCHF) CME trade date: 04/16/2013 05:54:00 OBEL-engine USDJPY,M15: (USDCHF) CME nearest month expiry date not found 05:54:01 OBEL-engine USDCAD,M15: Processing AUDUSD 05:54:02 OBEL-engine USDCAD,M15: (AUDUSD) CME trade date: 04/16/2013 05:54:02 OBEL-engine USDCAD,M15: (AUDUSD) CME nearest month expiry date not found 05:54:02 OBEL-engine USDCAD,M15: Processing GBPUSD 05:54:02 OBEL-engine USDCAD,M15: (GBPUSD) CME trade date: 04/16/2013 05:54:02 OBEL-engine USDCAD,M15: (GBPUSD) CME nearest month expiry date not found 05:54:02 OBEL-engine USDCAD,M15: Processing USDCAD 05:54:02 OBEL-engine USDCAD,M15: (USDCAD) CME trade date: 04/16/2013 05:54:02 OBEL-engine USDCAD,M15: (USDCAD) CME nearest month expiry date not found 05:54:02 OBEL-engine USDCAD,M15: Processing EURUSD 05:54:03 OBEL-engine USDCAD,M15: (EURUSD) CME trade date: 04/16/2013 05:54:03 OBEL-engine USDCAD,M15: (EURUSD) CME nearest month expiry date not found 05:54:03 OBEL-engine USDCAD,M15: Processing USDJPY 05:54:03 OBEL-engine USDCAD,M15: (USDJPY) CME trade date: 04/16/2013 05:54:03 OBEL-engine USDCAD,M15: (USDJPY) CME nearest month expiry date not found 05:54:03 OBEL-engine USDCAD,M15: Processing USDCHF 05:54:03 OBEL-engine USDCAD,M15: (USDCHF) CME trade date: 04/16/2013 05:54:04 OBEL-engine USDCAD,M15: (USDCHF) CME nearest month expiry date not found 05:54:09 OBEL-engine AUDUSD,M15: Processing AUDUSD 05:54:10 OBEL-engine AUDUSD,M15: (AUDUSD) CME trade date: 04/16/2013 05:54:10 OBEL-engine AUDUSD,M15: (AUDUSD) CME nearest month expiry date not found 05:54:10 OBEL-engine AUDUSD,M15: Processing GBPUSD 05:54:10 OBEL-engine AUDUSD,M15: (GBPUSD) CME trade date: 04/16/2013 05:54:10 OBEL-engine AUDUSD,M15: (GBPUSD) CME nearest month expiry date not found 05:54:10 OBEL-engine AUDUSD,M15: Processing USDCAD 05:54:10 OBEL-engine AUDUSD,M15: (USDCAD) CME trade date: 04/16/2013 05:54:10 OBEL-engine AUDUSD,M15: (USDCAD) CME nearest month expiry date not found 05:54:10 OBEL-engine AUDUSD,M15: Processing EURUSD 05:54:11 OBEL-engine AUDUSD,M15: (EURUSD) CME trade date: 04/16/2013 05:54:11 OBEL-engine AUDUSD,M15: (EURUSD) CME nearest month expiry date not found 05:54:11 OBEL-engine AUDUSD,M15: Processing USDJPY 05:54:11 OBEL-engine AUDUSD,M15: (USDJPY) CME trade date: 04/16/2013 05:54:11 OBEL-engine AUDUSD,M15: (USDJPY) CME nearest month expiry date not found 05:54:11 OBEL-engine AUDUSD,M15: Processing USDCHF 05:54:11 OBEL-engine AUDUSD,M15: (USDCHF) CME trade date: 04/16/2013 05:54:12 OBEL-engine AUDUSD,M15: (USDCHF) CME nearest month expiry date not found 05:54:47 OBEL-engine EURUSD,M15: Processing AUDUSD 05:54:47 OBEL-engine EURUSD,M15: (AUDUSD) CME trade date: 04/16/2013 05:54:47 OBEL-engine EURUSD,M15: (AUDUSD) CME nearest month expiry date not found 05:54:47 OBEL-engine EURUSD,M15: Processing GBPUSD 05:54:48 OBEL-engine EURUSD,M15: (GBPUSD) CME trade date: 04/16/2013 05:54:48 OBEL-engine EURUSD,M15: (GBPUSD) CME nearest month expiry date not found 05:54:48 OBEL-engine EURUSD,M15: Processing USDCAD 05:54:48 OBEL-engine EURUSD,M15: (USDCAD) CME trade date: 04/16/2013 05:54:48 OBEL-engine EURUSD,M15: (USDCAD) CME nearest month expiry date not found 05:54:48 OBEL-engine EURUSD,M15: Processing EURUSD 05:54:48 OBEL-engine EURUSD,M15: (EURUSD) CME trade date: 04/16/2013 05:54:49 OBEL-engine EURUSD,M15: (EURUSD) CME nearest month expiry date not found 05:54:49 OBEL-engine EURUSD,M15: Processing USDJPY 05:54:49 OBEL-engine EURUSD,M15: (USDJPY) CME trade date: 04/16/2013 05:54:49 OBEL-engine EURUSD,M15: (USDJPY) CME nearest month expiry date not found 05:54:49 OBEL-engine EURUSD,M15: Processing USDCHF 05:54:49 OBEL-engine EURUSD,M15: (USDCHF) CME trade date: 04/16/2013 05:54:49 OBEL-engine EURUSD,M15: (USDCHF) CME nearest month expiry date not found 05:56:25 OBEL-engine GBPUSD,H1: Processing AUDUSD 05:56:25 OBEL-engine GBPUSD,H1: (AUDUSD) CME trade date: 04/16/2013 05:56:25 OBEL-engine GBPUSD,H1: (AUDUSD) CME nearest month expiry date not found 05:56:25 OBEL-engine GBPUSD,H1: Processing GBPUSD 05:56:26 OBEL-engine GBPUSD,H1: (GBPUSD) CME trade date: 04/16/2013 05:56:26 OBEL-engine GBPUSD,H1: (GBPUSD) CME nearest month expiry date not found 05:56:26 OBEL-engine GBPUSD,H1: Processing USDCAD 05:56:26 OBEL-engine GBPUSD,H1: (USDCAD) CME trade date: 04/16/2013 05:56:26 OBEL-engine GBPUSD,H1: (USDCAD) CME nearest month expiry date not found 05:56:26 OBEL-engine GBPUSD,H1: Processing EURUSD 05:56:27 OBEL-engine GBPUSD,H1: (EURUSD) CME trade date: 04/16/2013 05:56:27 OBEL-engine GBPUSD,H1: (EURUSD) CME nearest month expiry date not found 05:56:27 OBEL-engine GBPUSD,H1: Processing USDJPY 05:56:27 OBEL-engine GBPUSD,H1: (USDJPY) CME trade date: 04/16/2013 05:56:28 OBEL-engine GBPUSD,H1: (USDJPY) CME nearest month expiry date not found 05:56:28 OBEL-engine GBPUSD,H1: Processing USDCHF 05:56:28 OBEL-engine GBPUSD,H1: (USDCHF) CME trade date: 04/16/2013 05:56:28 OBEL-engine GBPUSD,H1: (USDCHF) CME nearest month expiry date not found 05:58:39 OBEL-engine USDCHF,M15: Processing AUDUSD 05:58:39 OBEL-engine USDCHF,M15: (AUDUSD) CME trade date: 04/16/2013 05:58:39 OBEL-engine USDCHF,M15: (AUDUSD) CME nearest month expiry date not found 05:58:39 OBEL-engine USDCHF,M15: Processing GBPUSD 05:58:40 OBEL-engine USDCHF,M15: (GBPUSD) CME trade date: 04/16/2013 05:58:40 OBEL-engine USDCHF,M15: (GBPUSD) CME nearest month expiry date not found 05:58:40 OBEL-engine USDCHF,M15: Processing USDCAD 05:58:40 OBEL-engine USDCHF,M15: (USDCAD) CME trade date: 04/16/2013 05:58:40 OBEL-engine USDCHF,M15: (USDCAD) CME nearest month expiry date not found 05:58:40 OBEL-engine USDCHF,M15: Processing EURUSD 05:58:40 OBEL-engine USDCHF,M15: (EURUSD) CME trade date: 04/16/2013 05:58:40 OBEL-engine USDCHF,M15: (EURUSD) CME nearest month expiry date not found 05:58:40 OBEL-engine USDCHF,M15: Processing USDJPY 05:58:41 OBEL-engine USDCHF,M15: (USDJPY) CME trade date: 04/16/2013 05:58:41 OBEL-engine USDCHF,M15: (USDJPY) CME nearest month expiry date not found 05:58:41 OBEL-engine USDCHF,M15: Processing USDCHF 05:58:41 OBEL-engine USDCHF,M15: (USDCHF) CME trade date: 04/16/2013 05:58:41 OBEL-engine USDCHF,M15: (USDCHF) CME nearest month expiry date not found 05:58:56 OBEL-engine GBPUSD,M15: Processing AUDUSD 05:58:56 OBEL-engine GBPUSD,M15: (AUDUSD) CME trade date: 04/16/2013 05:58:56 OBEL-engine GBPUSD,M15: (AUDUSD) CME nearest month expiry date not found 05:58:56 OBEL-engine GBPUSD,M15: Processing GBPUSD 05:58:56 OBEL-engine GBPUSD,M15: (GBPUSD) CME trade date: 04/16/2013 05:58:57 OBEL-engine GBPUSD,M15: (GBPUSD) CME nearest month expiry date not found 05:58:57 OBEL-engine GBPUSD,M15: Processing USDCAD 05:58:57 OBEL-engine GBPUSD,M15: (USDCAD) CME trade date: 04/16/2013 05:58:57 OBEL-engine GBPUSD,M15: (USDCAD) CME nearest month expiry date not found 05:58:57 OBEL-engine GBPUSD,M15: Processing EURUSD 05:58:57 OBEL-engine GBPUSD,M15: (EURUSD) CME trade date: 04/16/2013 05:58:57 OBEL-engine GBPUSD,M15: (EURUSD) CME nearest month expiry date not found 05:58:57 OBEL-engine GBPUSD,M15: Processing USDJPY 05:58:58 OBEL-engine GBPUSD,M15: (USDJPY) CME trade date: 04/16/2013 05:58:58 OBEL-engine GBPUSD,M15: (USDJPY) CME nearest month expiry date not found 05:58:58 OBEL-engine GBPUSD,M15: Processing USDCHF 05:58:58 OBEL-engine GBPUSD,M15: (USDCHF) CME trade date: 04/16/2013 05:58:58 OBEL-engine GBPUSD,M15: (USDCHF) CME nearest month expiry date not found 05:58:58 OBEL-engine USDJPY,M15: Processing AUDUSD 05:58:59 OBEL-engine USDJPY,M15: (AUDUSD) CME trade date: 04/16/2013 05:58:59 OBEL-engine USDJPY,M15: (AUDUSD) CME nearest month expiry date not found 05:58:59 OBEL-engine USDJPY,M15: Processing GBPUSD 05:58:59 OBEL-engine USDJPY,M15: (GBPUSD) CME trade date: 04/16/2013 05:58:59 OBEL-engine USDJPY,M15: (GBPUSD) CME nearest month expiry date not found 05:58:59 OBEL-engine USDJPY,M15: Processing USDCAD 05:58:59 OBEL-engine USDJPY,M15: (USDCAD) CME trade date: 04/16/2013 05:58:59 OBEL-engine USDJPY,M15: (USDCAD) CME nearest month expiry date not found 05:58:59 OBEL-engine USDJPY,M15: Processing EURUSD 05:59:00 OBEL-engine USDJPY,M15: (EURUSD) CME trade date: 04/16/2013 05:59:00 OBEL-engine USDJPY,M15: (EURUSD) CME nearest month expiry date not found 05:59:00 OBEL-engine USDJPY,M15: Processing USDJPY 05:59:00 OBEL-engine USDJPY,M15: (USDJPY) CME trade date: 04/16/2013 05:59:00 OBEL-engine USDJPY,M15: (USDJPY) CME nearest month expiry date not found 05:59:00 OBEL-engine USDJPY,M15: Processing USDCHF 05:59:01 OBEL-engine USDJPY,M15: (USDCHF) CME trade date: 04/16/2013 05:59:01 OBEL-engine USDJPY,M15: (USDCHF) CME nearest month expiry date not found 05:59:03 OBEL-engine USDCAD,M15: Processing AUDUSD 05:59:04 OBEL-engine USDCAD,M15: (AUDUSD) CME trade date: 04/16/2013 05:59:04 OBEL-engine USDCAD,M15: (AUDUSD) CME nearest month expiry date not found 05:59:04 OBEL-engine USDCAD,M15: Processing GBPUSD 05:59:04 OBEL-engine USDCAD,M15: (GBPUSD) CME trade date: 04/16/2013 05:59:04 OBEL-engine USDCAD,M15: (GBPUSD) CME nearest month expiry date not found 05:59:04 OBEL-engine USDCAD,M15: Processing USDCAD 05:59:04 OBEL-engine USDCAD,M15: (USDCAD) CME trade date: 04/16/2013 05:59:04 OBEL-engine USDCAD,M15: (USDCAD) CME nearest month expiry date not found 05:59:04 OBEL-engine USDCAD,M15: Processing EURUSD 05:59:05 OBEL-engine USDCAD,M15: (EURUSD) CME trade date: 04/16/2013 05:59:05 OBEL-engine USDCAD,M15: (EURUSD) CME nearest month expiry date not found 05:59:05 OBEL-engine USDCAD,M15: Processing USDJPY 05:59:05 OBEL-engine USDCAD,M15: (USDJPY) CME trade date: 04/16/2013 05:59:05 OBEL-engine USDCAD,M15: (USDJPY) CME nearest month expiry date not found 05:59:05 OBEL-engine USDCAD,M15: Processing USDCHF 05:59:05 OBEL-engine USDCAD,M15: (USDCHF) CME trade date: 04/16/2013 05:59:05 OBEL-engine USDCAD,M15: (USDCHF) CME nearest month expiry date not found 05:59:09 OBEL-engine AUDUSD,M15: Processing AUDUSD 05:59:10 OBEL-engine AUDUSD,M15: (AUDUSD) CME trade date: 04/16/2013 05:59:10 OBEL-engine AUDUSD,M15: (AUDUSD) CME nearest month expiry date not found 05:59:10 OBEL-engine AUDUSD,M15: Processing GBPUSD 05:59:10 OBEL-engine AUDUSD,M15: (GBPUSD) CME trade date: 04/16/2013 05:59:10 OBEL-engine AUDUSD,M15: (GBPUSD) CME nearest month expiry date not found 05:59:10 OBEL-engine AUDUSD,M15: Processing USDCAD 05:59:10 OBEL-engine AUDUSD,M15: (USDCAD) CME trade date: 04/16/2013 05:59:10 OBEL-engine AUDUSD,M15: (USDCAD) CME nearest month expiry date not found 05:59:10 OBEL-engine AUDUSD,M15: Processing EURUSD 05:59:11 OBEL-engine AUDUSD,M15: (EURUSD) CME trade date: 04/16/2013 05:59:11 OBEL-engine AUDUSD,M15: (EURUSD) CME nearest month expiry date not found 05:59:11 OBEL-engine AUDUSD,M15: Processing USDJPY 05:59:11 OBEL-engine AUDUSD,M15: (USDJPY) CME trade date: 04/16/2013 05:59:11 OBEL-engine AUDUSD,M15: (USDJPY) CME nearest month expiry date not found 05:59:11 OBEL-engine AUDUSD,M15: Processing USDCHF 05:59:11 OBEL-engine AUDUSD,M15: (USDCHF) CME trade date: 04/16/2013 05:59:11 OBEL-engine AUDUSD,M15: (USDCHF) CME nearest month expiry date not found 05:59:48 OBEL-engine EURUSD,M15: Processing AUDUSD 05:59:49 OBEL-engine EURUSD,M15: (AUDUSD) CME trade date: 04/16/2013 05:59:49 OBEL-engine EURUSD,M15: (AUDUSD) CME nearest month expiry date not found 05:59:49 OBEL-engine EURUSD,M15: Processing GBPUSD 05:59:49 OBEL-engine EURUSD,M15: (GBPUSD) CME trade date: 04/16/2013 05:59:49 OBEL-engine EURUSD,M15: (GBPUSD) CME nearest month expiry date not found 05:59:49 OBEL-engine EURUSD,M15: Processing USDCAD 05:59:50 OBEL-engine EURUSD,M15: (USDCAD) CME trade date: 04/16/2013 05:59:50 OBEL-engine EURUSD,M15: (USDCAD) CME nearest month expiry date not found 05:59:50 OBEL-engine EURUSD,M15: Processing EURUSD 05:59:50 OBEL-engine EURUSD,M15: (EURUSD) CME trade date: 04/16/2013 05:59:50 OBEL-engine EURUSD,M15: (EURUSD) CME nearest month expiry date not found 05:59:50 OBEL-engine EURUSD,M15: Processing USDJPY 05:59:50 OBEL-engine EURUSD,M15: (USDJPY) CME trade date: 04/16/2013 05:59:51 OBEL-engine EURUSD,M15: (USDJPY) CME nearest month expiry date not found 05:59:51 OBEL-engine EURUSD,M15: Processing USDCHF 05:59:51 OBEL-engine EURUSD,M15: (USDCHF) CME trade date: 04/16/2013 05:59:51 OBEL-engine EURUSD,M15: (USDCHF) CME nearest month expiry date not found Quote Link to comment Share on other sites More sharing options...
FXTrader78 Posted April 17, 2013 Report Share Posted April 17, 2013 And part of Yesterdays log when it was working 00:39:45 OBEL-engine EURUSD,H1: loaded successfully 00:39:45 OBEL-engine EURUSD,H1 inputs: RefreshEveryXminutes=15; GetHTMLverbose=false; Silent=false; 00:39:47 OBEL-engine EURUSD,H1: removed 00:39:47 OBEL-engine USDJPY,M5: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.16.csv not found 00:39:47 OBEL-engine USDJPY,M5: (Init: GBPUSD) Previously saved data loaded successfully from OBEL_GBPUSD_2013.04.16.csv 00:39:47 Quik_Trailing GBPUSD,M5: initialized 00:39:47 OBEL-engine USDJPY,M5: (Init: USDCAD) Previously saved data loaded successfully from OBEL_USDCAD_2013.04.16.csv 00:39:47 OBEL-engine USDJPY,M5: (Init: EURUSD) Previously saved data loaded successfully from OBEL_EURUSD_2013.04.16.csv 00:39:47 OBEL-engine USDJPY,M5: (Init: USDJPY) Previously saved data loaded successfully from OBEL_USDJPY_2013.04.16.csv 00:39:47 OBEL-engine USDJPY,M5: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.16.csv not found 00:39:47 OBEL-engine USDJPY,M5: initialized 00:39:50 OBEL-engine USDJPY,M5: Processing AUDUSD 00:39:50 OBEL-engine USDJPY,M5: (AUDUSD) CME trade date: 04/15/2013 00:39:50 OBEL-engine USDJPY,M5: (AUDUSD) CME nearest month expiry date not found 00:39:50 OBEL-engine USDJPY,M5: Processing GBPUSD 00:39:51 OBEL-engine USDJPY,M5: (GBPUSD) CME trade date: 04/15/2013 00:39:51 OBEL-engine USDJPY,M5: (GBPUSD) CME nearest month expiry date not found 00:39:51 OBEL-engine USDJPY,M5: Processing USDCAD 00:39:52 OBEL-engine USDJPY,M5: (USDCAD) CME trade date: 04/15/2013 00:39:52 OBEL-engine USDJPY,M5: (USDCAD) CME nearest month expiry date not found 00:39:52 OBEL-engine USDJPY,M5: Processing EURUSD 00:39:52 OBEL-engine USDJPY,M5: (EURUSD) CME trade date: 04/15/2013 00:39:52 OBEL-engine USDJPY,M5: (EURUSD) CME nearest month expiry date not found 00:39:52 OBEL-engine USDJPY,M5: Processing USDJPY 00:39:53 OBEL-engine USDJPY,M5: (USDJPY) CME trade date: 04/15/2013 00:39:53 OBEL-engine USDJPY,M5: (USDJPY) CME nearest month expiry date not found 00:39:53 OBEL-engine USDJPY,M5: Processing USDCHF 00:39:53 OBEL-engine USDJPY,M5: (USDCHF) CME trade date: 04/15/2013 00:39:54 OBEL-engine USDJPY,M5: (USDCHF) CME nearest month expiry date not found 00:40:09 OBEL-engine EURUSD,H1: loaded successfully 00:40:15 OBEL-engine EURUSD,H1 inputs: RefreshEveryXminutes=15; GetHTMLverbose=false; Silent=false; 00:40:15 OBEL-engine EURUSD,H1: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.16.csv not found 00:40:15 OBEL-engine EURUSD,H1: (Init: GBPUSD) Previously saved data loaded successfully from OBEL_GBPUSD_2013.04.16.csv 00:40:15 OBEL-engine EURUSD,H1: (Init: USDCAD) Previously saved data loaded successfully from OBEL_USDCAD_2013.04.16.csv 00:40:15 OBEL-engine EURUSD,H1: (Init: EURUSD) Previously saved data loaded successfully from OBEL_EURUSD_2013.04.16.csv 00:40:15 OBEL-engine EURUSD,H1: (Init: USDJPY) Previously saved data loaded successfully from OBEL_USDJPY_2013.04.16.csv 00:40:15 OBEL-engine EURUSD,H1: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.16.csv not found 00:40:15 OBEL-engine EURUSD,H1: initialized 00:40:15 OBEL-engine EURUSD,H1: Processing AUDUSD 00:40:15 OBEL-engine EURUSD,H1: (AUDUSD) CME trade date: 04/15/2013 00:40:15 OBEL-engine EURUSD,H1: (AUDUSD) CME nearest month expiry date not found 00:40:15 OBEL-engine EURUSD,H1: Processing GBPUSD 00:40:15 OBEL-engine EURUSD,H1: (GBPUSD) CME trade date: 04/15/2013 00:40:15 OBEL-engine EURUSD,H1: (GBPUSD) CME nearest month expiry date not found 00:40:15 OBEL-engine EURUSD,H1: Processing USDCAD 00:40:15 OBEL-engine EURUSD,H1: (USDCAD) CME trade date: 04/15/2013 00:40:16 OBEL-engine EURUSD,H1: (USDCAD) CME nearest month expiry date not found 00:40:16 OBEL-engine EURUSD,H1: Processing EURUSD 00:40:16 OBEL-engine EURUSD,H1: (EURUSD) CME trade date: 04/15/2013 00:40:16 OBEL-engine EURUSD,H1: (EURUSD) CME nearest month expiry date not found 00:40:16 OBEL-engine EURUSD,H1: Processing USDJPY 00:40:16 OBEL-engine EURUSD,H1: (USDJPY) CME trade date: 04/15/2013 00:40:16 OBEL-engine EURUSD,H1: (USDJPY) CME nearest month expiry date not found 00:40:16 OBEL-engine EURUSD,H1: Processing USDCHF 00:40:16 OBEL-engine EURUSD,H1: (USDCHF) CME trade date: 04/15/2013 00:40:16 OBEL-engine EURUSD,H1: (USDCHF) CME nearest month expiry date not found 00:40:23 OBEL EURUSD,H1: loaded successfully 00:40:32 OBEL EURUSD,H1: OBEL v1.07 (EURUSD) 00:40:32 OBEL EURUSD,H1: UTC to Broker's time offset (detected): -60 minutes 00:40:32 OBEL EURUSD,H1: initialized 00:40:32 OBEL EURUSD,H1: Alert: New OBEL data for EURUSD: 04/15/2013 13/06 Updated 04/15/2013 06:00 PM 00:40:41 OBEL-engine EURUSD,H1: uninit reason 3 00:40:41 OBEL EURUSD,H1: deinitialized 00:40:41 OBEL EURUSD,H1: uninit reason 3 00:40:41 OBEL EURUSD,M15: OBEL v1.07 (EURUSD) 00:40:41 OBEL EURUSD,M15: UTC to Broker's time offset (detected): -60 minutes 00:40:41 OBEL EURUSD,M15: initialized 00:40:41 OBEL EURUSD,M15: Alert: New OBEL data for EURUSD: 04/15/2013 13/06 Updated 04/15/2013 06:00 PM 00:40:41 OBEL-engine EURUSD,M15: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.16.csv not found 00:40:41 OBEL-engine EURUSD,M15: (Init: GBPUSD) Previously saved data loaded successfully from OBEL_GBPUSD_2013.04.16.csv 00:40:41 OBEL-engine EURUSD,M15: (Init: USDCAD) Previously saved data loaded successfully from OBEL_USDCAD_2013.04.16.csv 00:40:41 OBEL-engine EURUSD,M15: (Init: EURUSD) Previously saved data loaded successfully from OBEL_EURUSD_2013.04.16.csv 00:40:41 OBEL-engine EURUSD,M15: (Init: USDJPY) Previously saved data loaded successfully from OBEL_USDJPY_2013.04.16.csv 00:40:41 OBEL-engine EURUSD,M15: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.16.csv not found 00:40:41 OBEL-engine EURUSD,M15: initialized 00:41:01 OBEL-engine EURUSD,M15: uninit reason 3 00:41:01 OBEL EURUSD,M15: deinitialized 00:41:01 OBEL EURUSD,M15: uninit reason 3 00:41:01 OBEL EURUSD,M5: OBEL v1.07 (EURUSD) 00:41:01 OBEL EURUSD,M5: UTC to Broker's time offset (detected): -60 minutes 00:41:01 OBEL EURUSD,M5: initialized 00:41:01 OBEL EURUSD,M5: Alert: New OBEL data for EURUSD: 04/15/2013 13/06 Updated 04/15/2013 06:00 PM 00:41:01 OBEL-engine EURUSD,M5: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.16.csv not found 00:41:01 OBEL-engine EURUSD,M5: (Init: GBPUSD) Previously saved data loaded successfully from OBEL_GBPUSD_2013.04.16.csv 00:41:01 OBEL-engine EURUSD,M5: (Init: USDCAD) Previously saved data loaded successfully from OBEL_USDCAD_2013.04.16.csv 00:41:01 OBEL-engine EURUSD,M5: (Init: EURUSD) Previously saved data loaded successfully from OBEL_EURUSD_2013.04.16.csv 00:41:01 OBEL-engine EURUSD,M5: (Init: USDJPY) Previously saved data loaded successfully from OBEL_USDJPY_2013.04.16.csv 00:41:01 OBEL-engine EURUSD,M5: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.16.csv not found 00:41:01 OBEL-engine EURUSD,M5: initialized 00:41:22 OBEL EURUSD,M5: deinitialized 00:41:22 OBEL EURUSD,M5: uninit reason 1 00:41:22 OBEL-engine EURUSD,M5: uninit reason 4 00:41:22 OBEL-engine EURUSD,M5: removed 00:41:22 OBEL EURUSD,M5: removed 00:41:22 TRS EURUSD,M5: loaded successfully 00:41:22 vS_PivotsD EURUSD,M5: loaded successfully 00:41:22 DPI EURUSD,M5: loaded successfully 00:41:22 Quik_Trailing EURUSD,M5: loaded successfully 00:41:22 Quik_Trailing EURUSD,M5 inputs: Expert_Name="Quik Trailing "; s1="-- StopLoss & TakeProfit control ------------------------------------"; Automatic_SL=false; Automatic_SL_Ratio=2; Auto_Max_SL=150; StopLoss=50; s11="-------------------------------"; Automatic_TP=false; Automatic_TP_Ratio=2; TakeProfit=100; s12="-------------------------------"; Use_First_TakeProfit=false; First_TakeProfit_At=30; First_TakeProfit_Percent=50; AlertSound=true; s0="-- Trailing Step & Set Breakeven control ----------------"; Use_TrailingStep=false; Start_Trailing_At=45; TrailingStep=5; s01="-------------------------------"; Use_Set_BreakEven=true; LockPips=1; Set_BreakEvenAt=40; s2="--------------------------------------------------------------------"; MaxSlippage=5; s3="--------------------------------------------------------------------"; Allow_Drag_PriceLines=true; s4="--------------------------------------------------------------------"; AccountIsMicro=false; ShowInfo=true; 00:41:22 TRS EURUSD,M5: initialized 00:41:22 vS_PivotsD EURUSD,M5: initialized 00:41:22 DPI EURUSD,M5: initialized 00:41:22 Quik_Trailing EURUSD,M5: initialized 00:41:52 TRS EURUSD,M5: deinitialized 00:41:52 TRS EURUSD,M5: uninit reason 1 00:41:52 TRS EURUSD,M5: removed 00:41:53 vS_PivotsD EURUSD,M5: deinitialized 00:41:53 vS_PivotsD EURUSD,M5: uninit reason 1 00:41:53 vS_PivotsD EURUSD,M5: removed 00:41:58 DPI EURUSD,M5: uninit reason 1 00:41:58 DPI EURUSD,M5: removed 00:42:09 OBEL-engine EURUSD,M5: loaded successfully 00:42:11 Quik_Trailing EURUSD,M5: deinitialized 00:42:11 Quik_Trailing EURUSD,M5: uninit reason 1 00:42:11 Quik_Trailing EURUSD,M5: removed 00:42:11 OBEL-engine EURUSD,M5 inputs: RefreshEveryXminutes=15; GetHTMLverbose=false; Silent=false; 00:42:11 OBEL-engine EURUSD,M5: (Init: AUDUSD) Can't load previously saved data, file OBEL_AUDUSD_2013.04.16.csv not found 00:42:11 OBEL-engine EURUSD,M5: (Init: GBPUSD) Previously saved data loaded successfully from OBEL_GBPUSD_2013.04.16.csv 00:42:11 OBEL-engine EURUSD,M5: (Init: USDCAD) Previously saved data loaded successfully from OBEL_USDCAD_2013.04.16.csv 00:42:11 OBEL-engine EURUSD,M5: (Init: EURUSD) Previously saved data loaded successfully from OBEL_EURUSD_2013.04.16.csv 00:42:11 OBEL-engine EURUSD,M5: (Init: USDJPY) Previously saved data loaded successfully from OBEL_USDJPY_2013.04.16.csv 00:42:11 OBEL-engine EURUSD,M5: (Init: USDCHF) Can't load previously saved data, file OBEL_USDCHF_2013.04.16.csv not found 00:42:11 OBEL-engine EURUSD,M5: initialized 00:42:11 OBEL-engine EURUSD,M5: Processing AUDUSD 00:42:12 OBEL-engine EURUSD,M5: (AUDUSD) CME trade date: 04/15/2013 00:42:12 OBEL-engine EURUSD,M5: (AUDUSD) CME nearest month expiry date not found 00:42:12 OBEL-engine EURUSD,M5: Processing GBPUSD 00:42:12 OBEL-engine EURUSD,M5: (GBPUSD) CME trade date: 04/15/2013 00:42:12 OBEL-engine EURUSD,M5: (GBPUSD) CME nearest month expiry date not found 00:42:12 OBEL-engine EURUSD,M5: Processing USDCAD 00:42:12 OBEL-engine EURUSD,M5: (USDCAD) CME trade date: 04/15/2013 00:42:12 OBEL-engine EURUSD,M5: (USDCAD) CME nearest month expiry date not found 00:42:12 OBEL-engine EURUSD,M5: Processing EURUSD 00:42:12 OBEL-engine EURUSD,M5: (EURUSD) CME trade date: 04/15/2013 00:42:12 OBEL-engine EURUSD,M5: (EURUSD) CME nearest month expiry date not found 00:42:12 OBEL-engine EURUSD,M5: Processing USDJPY 00:42:13 OBEL-engine EURUSD,M5: (USDJPY) CME trade date: 04/15/2013 Quote Link to comment Share on other sites More sharing options...
⭐ flipper26 Posted April 17, 2013 Report Share Posted April 17, 2013 Hi San4x, I had the indicator on my charts all day for 2 days. I looked at the settings in the OBEL engine and in the indicator itself. I tried all sorts of different settings but no matter what I did I could not get it to display levels on any of my charts. It says processing and initializing and after that I get the errors that I posted above. Any help in resolving would be appreciated. Thanks. Quote Link to comment Share on other sites More sharing options...
udc Posted April 22, 2013 Report Share Posted April 22, 2013 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). fxnizar, ⭐ flipper26, traderx4 and 3 others 6 Quote Link to comment Share on other sites More sharing options...
FXTrader78 Posted April 22, 2013 Report Share Posted April 22, 2013 (edited) LOL...I hear ya UDC...I think I figured it out...it was just allot of info to digest when I was looking for the calculation...lots of info to dig through... It is hard to understand why this phenomenon actually has any merit...but from I have observed in the past it works more than it doesn't..maybe someone that is much more intelligent than me can figure out why it does what it does. I must say I am looking forward to your UDC FAT. As always I appreciate all your hard work and help...guess you could have told me to piss off...but you didn't and you still replied and for that I am thankful. Might have to take all this info in the this thread and consolidate it to one easy to understand thread once the final product arrives. :)...you take care friend. Will be seeing ya soon. FXTrader78 Edited April 22, 2013 by FXTrader78 Quote Link to comment Share on other sites More sharing options...
udc Posted April 25, 2013 Report Share Posted April 25, 2013 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: (the following is a draft) 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? thomy, fxnizar, ⭐ musketeer and 5 others 8 Quote Link to comment Share on other sites More sharing options...
Guest desitrader Posted May 20, 2013 Report Share Posted May 20, 2013 waiting eagerly............ Quote Link to comment Share on other sites More sharing options...
Guest desitrader Posted September 17, 2013 Report Share Posted September 17, 2013 waiting........ Quote Link to comment Share on other sites More sharing options...
DimiK Posted September 30, 2013 Report Share Posted September 30, 2013 This company sends out Hedge Funds daily market levels at the beginning of each trading day which they claim are extemely accurate, and the monthly price is only $29/month http://www.eminitradingindicators.com/supportresistanceindicator.htm Unfortunately I don't think they do it for FOREX, but maybe this is how the levels were plotted by the guy that this post refers to, maybe he had some information on the big players' daily levels. ⭐ traderdxb 1 Quote Link to comment Share on other sites More sharing options...
profxtrader Posted October 2, 2013 Report Share Posted October 2, 2013 udc and SanFX... is this project ongoing? Does it still work? Sorry, but I read about 30 pages back and while I've got the fixed OBEL engine and the original OBEL indicator, I cannot get it to work on the EURUSD (or the S&P E-mini, but that error code is obvious). Can you give me a hand? Point me in the right direction? I mean, what is the process? I add the expert, it does its's thing and then I add the indicator and, nothing. Quote Link to comment Share on other sites More sharing options...
profxtrader Posted October 2, 2013 Report Share Posted October 2, 2013 Or how about this? Do anyone have a working OBEL indicator and EA? If so could you post a link? The only OBEL indicator I have is v1.0 and SanFX's fixed engine, but together they don't work. I'm assuming I need the 1.07 indicator. Quote Link to comment Share on other sites More sharing options...
Guest desitrader Posted February 15, 2014 Report Share Posted February 15, 2014 optionlevels.com I think this is the same. Looks like UDC decided not to share, or actually decided to sell the system.. Quote Link to comment Share on other sites More sharing options...
Guest desitrader Posted February 19, 2014 Report Share Posted February 19, 2014 Bumping it..... any traction? Quote Link to comment Share on other sites More sharing options...
Hakim314 Posted March 30, 2014 Report Share Posted March 30, 2014 Hello once again, I remember these times 2 y. ago when my broadband was hot from updating new ideas and thoughts in this thread. THIS indicator was a real Holy Grail. You could grab 7-12 p. each time when price left the last territory of put/call with accuracy of 99%. What happened then ? someone decided to "reconfigure" data mining from their server and... our indi went... I wrote to CME... of course the official version is "we did it due to new IT demands...." :(( and maybe it is... but at the same time why the h*ll there is always a coincidence with such "IT issues" when people start making real monies ? No, personally I dont believe this thread will be alive once again, until we meet the same passionate coder as passionate we were developing these indi. vivit, guedesjunior25, ⭐ mr12323 and 1 other 4 Quote Link to comment Share on other sites More sharing options...
guedesjunior25 Posted December 12, 2014 Report Share Posted December 12, 2014 (edited) Hello everyone. after almost two years without any investment, I will return next year. obviously the system i will use will be the options levels or power levels as it became known around here. thanks to a friend I started studying again, and to be honest I'm not returning to teach anyone anything, because I know nothing. I'm an addict in information, and one thing I can give you sure is no indicator works, prices are already previously marked by the banks, a way for them to apply the hedge. they never lose, and never will. I gained some money in this market, but I ended up going bankrupt due to a bad money management. but learned the lesson, the market is cruel, thousands of traders seeking the same thing that we seek, and they will never show how to do it. today we reopen this theath, not to teach anything, but to prove that it is possible to get some money out of the market. I will pass all I learned from the Russians, it is they who dominate it. the first to post something about the options levels on the internet, is good to be here again. A friend once told me that everything that is free no one will give any value, and to be honest, that what he said does have some truth, but I got for free, and I will give for free. BE HAPPY ALWAYS. Edited December 12, 2014 by guedesjunior25 ⭐ flipper26 1 Quote Link to comment Share on other sites More sharing options...
guedesjunior25 Posted December 13, 2014 Report Share Posted December 13, 2014 Hello once again, I remember these times 2 y. ago when my broadband was hot from updating new ideas and thoughts in this thread. THIS indicator was a real Holy Grail. You could grab 7-12 p. each time when price left the last territory of put/call with accuracy of 99%. What happened then ? someone decided to "reconfigure" data mining from their server and... our indi went... I wrote to CME... of course the official version is "we did it due to new IT demands...." :(( and maybe it is... but at the same time why the h*ll there is always a coincidence with such "IT issues" when people start making real monies ? No, personally I dont believe this thread will be alive once again, until we meet the same passionate coder as passionate we were developing these indi. Hi Hakim314. I FIND IT MY FRIEND. BE HAPPY ALWAYS. Quote Link to comment Share on other sites More sharing options...
guedesjunior25 Posted December 13, 2014 Report Share Posted December 13, 2014 indicators are here: 1-http://tumypv.narod.ru/ 2-http://zukkerro.ru/ Go read to know how they work ok. Because in this thread we will only talk about entry points and why these levels work. BE HAPPY ALWAYS. ⭐ whinny, ⭐ flipper26 and ⭐ mr12323 3 Quote Link to comment Share on other sites More sharing options...
newbie0101 Posted December 13, 2014 Report Share Posted December 13, 2014 (edited) indicators are here: 1-http://tumypv.narod.ru/ 2-http://zukkerro.ru/ Go read to know how they work ok. Because in this thread we will only talk about entry points and why these levels work. BE HAPPY ALWAYS. Hi guedesjunior25--Hope all is well with U--and Thanks for sharing-- If you are able --Would U please upload the indis and just post a link to a more easily accessible site like sendspace.com for those of us that are not so well versed in the sites U posted. Thanks in advance! Happy Holidays To ALL!!! Edited December 13, 2014 by newbie0101 ⭐ flipper26 1 Quote Link to comment Share on other sites More sharing options...
guedesjunior25 Posted December 13, 2014 Report Share Posted December 13, 2014 (edited) http://i58.tinypic.com/2yv000z.jpg Manual calculation Edited December 13, 2014 by guedesjunior25 Quote Link to comment Share on other sites More sharing options...
newbie0101 Posted December 13, 2014 Report Share Posted December 13, 2014 http://s24.postimg.org/625wke1xh/FXCM_Meta_Trader_8.png %5Bimg%5Dhttp%3A//i61.tinypic.com/fo3hxx.jpg[/img] Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.