Power levels trading

[San4x]

Sounds like a great and generous offer...!

 

On another note: been testing the EURUSD on the adapted OBEL-engine and it's working nicely. I have been buried in projects at the moment but hope to find some time soon to adapt the code for the other pairs and will post the updated engine here.

 

Cheers, San.

[udc]

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..

[k33]

Hi

 

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

 

Thank you

k33

[traderx4]

Nice going..

 

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..

[udc]

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.

[lilq]

what about the USDYEN?

[San4x]

LOL @ Spoiler...did not expect that rant, udc.

 

Here's the 'fixed' OBEL-engine.

 

As udc stated: It is recommended and wise to keep usage to a minimum (only use on charts/pairs you really trade) to keep it "alive" for all of us.

 

http://www.filedropper.com/obel-engine

 

Cheers, San.

[k33]

Thank you udc and San4x.

 

As to your spoiler, udc, i agree. The financial industry is very much a deceivement game and the ppl are lured into it by "possible" gains with "good investments", tax savings investments, funds the inventors appearently don´t invest their own money in, self trading with some some moving averages, legal robbery. The CFD/Forex brokers even help to loose money faster with education that learns to follow bullshit systems with "discipline" or giving false quotes or non execution when one has good trades, driving the victims mad that they therefore loose even more money. The real markets run "the liquitity games", pros trying to get filled with stops and bad positions of those who cannot move the market. 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".

 

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.. and who doesn´t follow is invaded by military or blackmailed with destabilizing economies, starving ppl by food prices.

 

That market manipulation is possible even in the big forex markets can be seen at 10am NY time when big options expiries happen.

I do also get some info about this off IFR-markets news in Oanda.

 

That Obel plugin is really a nice work, thank you!

Edited March 24, 2013 by k33

[jjames]

Hi Udc,

 

First i wanna say huge thanks for what you doing and apriciate your time and effort in all of this.

 

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.

 

Kind Regards,

 

JJ

[vensunreddy]

dear sir

 

 

in my chart not open indicator . any settings is there

[udc]

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.

[San4x]

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

 

Actually, it's not. All instruments have been adapted and are available. :)

[udc]

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.

[San4x]

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.

 

Is this directed to me? What's wrong?

All pairs seem to work for me just fine. Not sure why you seem upset.

And I re-read our correspondence. I can not find your quote where you tell me to add my email address inside the code.

I would never do that anyway, since I do not hold the rights to your work. I'm merely trying to help out and make this work for myself and those interested here. Support can easily go via this thread.

Edited March 26, 2013 by San4x

[average.joe]

Hy San4x!

Thank you for your great work! You've managed to fix it and it works well.

I really appreciate it!

[igumzfx]

Hi guys, i find what they are doing. its just a calculation off put and call of futures options . Just download the cme bulletin and do this

To get the levels using the following formula:

to Call: Strike + Settle * 10;

for Put: Strike-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 - all right there is no error.

 

Please, can you help me send this indicator?

and cos teach me how to calculate it using excel ?

Thank you

[average.joe]

Please, can you help me send this indicator?

and cos teach me how to calculate it using excel ?

Thank you

read through the thread!

if you want to be successful you mustn't be lazy!! Especially true in this field.

[udc]

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.

[⭐ flipper26]

I wasn't able to download from this site. Can someone please re-up, perhaps to sendsp@ce? Thanks

[jrjulius]

Thanks for sharing

[k33]

I wasn't able to download from this site. Can someone please re-up, perhaps to sendsp@ce? Thanks

 

http://www.sendspace.com/file/z3ufoa

[⭐ flipper26]

I loaded UDC's indicator and San4x's fixed obel-engine. I first ran this on oil and got this error, "CME trade date not found". I then tried to run on the indices and currencies and got this error, "CME nearest month expiry date not found". I'm not sure if it's a setting(s) that I need to change or something else. Would be grateful if anyone can help me to resolve these errors.

 

Great work by the coders. Thanks for all your efforts.

[biskwie]

I loaded UDC's indicator and San4x's fixed obel-engine. I first ran this on oil and got this error, "CME trade date not found". I then tried to run on the indices and currencies and got this error, "CME nearest month expiry date not found". I'm not sure if it's a setting(s) that I need to change or something else. Would be grateful if anyone can help me to resolve these errors.

 

Great work by the coders. Thanks for all your efforts.

 

the last update worked only on eurusd

[⭐ flipper26]

the last update worked only on eurusd

 

Biskwie did you actually download and try this indicator? Perhaps you didn't see post#963, supposed to work on other instruments as well. I got the error message on eurusd as well as everything else. So, if anyone else actually knows the solution would be grateful for your assistance.

[khaira39]

I have the same problem. I first run the OBEL-engine expert indi with EURUSD enabled and it worked perfectly with the OBEL indicator attached to the eurusd chart.

 

Then I attached the OBEL-engine to usdchf chart with usdchf enabled and EURUSD set to FALSE. I verify by checking the usdchf.csv and it seems the datafile was created correctly. However when I attached the OBEL indicator, it did not go to the DRAW function( i placed a alert function inside) ?

 

I suspect the OBEL version i am using has some programming bugs. Can some kind soul check it out cuz my knowledge of mql programming is limited.

 

Many thanks.