Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

brownsfan019

Open ECry Wish List Thread

Recommended Posts

I think I've mentioned before that I write up some reviews for Open ECry about ideas for improvements on their software - charts, dom's and the main trader window.

 

Since there are a few other OEC users on the board, I thought I'd create an OEC Wish List thread where you can list ideas for improvements, large or small. I cannot promise that any will be implemented, but I will be sure to pass the suggestions on. I usually write up a review quarterly or so for them.

 

So post any ideas or suggestions here or PM me if you'd prefer to keep them private. No names will be given to OEC (unless you ask me to) with any ideas or suggestions.

 

And for anyone wondering why I do this, it's simple - the better and stronger that OEC trader is, the better for all of us using the product. OEC has been good to me, so I have no problem doing this for them. It's a 'scratch my back and I'll scratch yours' kind of thing.

Share this post


Link to post
Share on other sites

A few things I wrote down and have questions about...

 

1 - internals would be nice.

2 - Some people may like to see MP. I might eventually want that option, but don't need it.

 

On TS I can type in @YM and get the YM contract over several years or whatever. I'm sure you can do this with OEC based from your charts, but I'm not sure how?

 

Are the fibonacci retracement lines customizable? For example on TS I can decide what %s I want to plot and that was convenient. If they don't offer that, then that would be something I would like to see on my wish list.

 

Other than that I like it so far. I like how it has it's own feel as well and the fact that it isn't nearly as CPU intensive as TS. I will use the platform more this week and come back with more questions/requests for you.

 

Thanks! :cheers:

Share this post


Link to post
Share on other sites
A few things I wrote down and have questions about...

 

1 - internals would be nice.

 

Please detail what exactly you want to see here.

 

2 - Some people may like to see MP. I might eventually want that option, but don't need it.

 

Again, please detail. Since I do not use MP, not sure what to ask for here.

 

On TS I can type in @YM and get the YM contract over several years or whatever. I'm sure you can do this with OEC based from your charts, but I'm not sure how?

 

What you want is a continuous contract which is not yet available on OEC. It's on my list AND theirs.

 

Are the fibonacci retracement lines customizable? For example on TS I can decide what %s I want to plot and that was convenient. If they don't offer that, then that would be something I would like to see on my wish list.

 

I believe they are but will have to play around with here to see for sure.

Share this post


Link to post
Share on other sites

Hi BF and James - thanks very much BF, great idea,

 

I have an idea/request - might be a bit "out there" and might have to be a longer-term project (although tomorrow would be good :) )

 

It is for a simple trading keyboard that links in with OEC software. "Buy" button, "Bid" button, "Sell"/"Offer" etc. This might be too much wishful thinking, but a dedicated, small trading keyboard, specifically linked in to the broker software is so much easier to use than a regular keyboard/mouse combination. I can post a picture of the sort of thing I would like if you think it is a good potential suggestion - again, might be a bit over the top?

 

I am thinking along the lines of an EBS keyboard/screen combo (used in spot FX).

Share this post


Link to post
Share on other sites

Market internals: I want to see ticks, trin, trinq, ticki, put/call ratio. I want to be able to plot the trin on a graph, same with the ricks. This is my "internals screen". Note that I have the ADX up instead of the put/call but I'm getting that sorted out with TS right now, but that's where the put/call would normally be. As you can see, I have a spot for the trin, and ticks. This is helpful for me throughout the day so I can gauge market sentiment.

 

attachment.php?attachmentid=4821&stc=1&d=1200899285

 

This also brings up time and sales. I believe we talked about this already, but I would like the ability to watch time and sales like on the screen shot. The ability to watch sectors like the banking and semiconductor sector would be convenient, but not something I need and I wouldn't really notice if I didn't have it. It's basically there to fill space right now, but some may like that.

 

As far as MP goes, I'm really not sure what to ask for since I don't use it either. MP is something I would want to use in the future, so the only thing I can think of is to be able to view it like in all of SoulTraders videos and charts. Even the ability to import it from marketdelta.com would be nice. But like I said, since I'm still unfamiliar with it I don't know what to really ask for (or if I should even be asking, but I can't learn how to use it without seeing it in real time). I will look into this more and get back to you.

internals.thumb.jpg.234b9461486b495b84c02b52564baa4b.jpg

Share this post


Link to post
Share on other sites
Hi BF and James - thanks very much BF, great idea,

 

I have an idea/request - might be a bit "out there" and might have to be a longer-term project (although tomorrow would be good :) )

 

It is for a simple trading keyboard that links in with OEC software. "Buy" button, "Bid" button, "Sell"/"Offer" etc. This might be too much wishful thinking, but a dedicated, small trading keyboard, specifically linked in to the broker software is so much easier to use than a regular keyboard/mouse combination. I can post a picture of the sort of thing I would like if you think it is a good potential suggestion - again, might be a bit over the top?

 

I am thinking along the lines of an EBS keyboard/screen combo (used in spot FX).

 

Give me some actual examples Mr. Ed. Much easier to say - here, look at this! ;)

Share this post


Link to post
Share on other sites

I am not currently with Open E Cry, but I will be moving over to them in the next few weeks. It is great they have charting, but my big hang up is that they dont offer MP.

 

Due to this, I am going to have to get a charting package as if they did not have charting at all.

Share this post


Link to post
Share on other sites
I am not currently with Open E Cry, but I will be moving over to them in the next few weeks. It is great they have charting, but my big hang up is that they dont offer MP.

 

Due to this, I am going to have to get a charting package as if they did not have charting at all.

 

Again - I need specifics. Just saying "MP" does not mean anything to OEC and people like me that do not use MP. I need SPECIFICS.

Share this post


Link to post
Share on other sites

BF - here are some examples. The EBS screen/keyboard is used in the interbank FX market, it is a dedicated dealing system hence a the keyboard and screen are stand-alone units, working together.

 

The first screenshot is of the screen

The second screenshot is a zoom of two of the price panels on the screen with some explanation

The third screenshot is the keyboard

 

All the screenshots are from the EBS website and hence a lot of the annotations are theirs, but I have added my annotations to (theirs are the professional-looking annotations!).

 

The fourth screenshot (on next post) is a suggestion for the basics that would probably need to be on an OEC screen - it is similar to their current DOM trading screen, with a couple of differences, biggest being the DOM does not scroll, the best price remains fixed in the centre at all times. (This could be a starting point for suggestions to them for improvement).

5aa70e3500099_1.EBSscreen.png.6284033d2c604b8a0cf6e2f52243423f.png

5aa70e3508951_2.panelexplanation.png.425d8bc16f6084ee9ab73daeab7a6fc7.png

5aa70e350ea49_4.keypad.png.baeb7c240156e556b6914ff82ad3a439.png

Share this post


Link to post
Share on other sites
Fourth screenshot (explanation in my prior post)

 

I already know that a 'static' dom is not available in futures due to patent infringements with another well-known product. I've asked for a static dom numerous times but OEC's stand is to have a somewhat static dom to avoid patent infringements. In order to have a static dom, an additional cost would have to be passed on to the customer.

Share this post


Link to post
Share on other sites
I already know that a 'static' dom is not available in futures due to patent infringements with another well-known product. I've asked for a static dom numerous times but OEC's stand is to have a somewhat static dom to avoid patent infringements. In order to have a static dom, an additional cost would have to be passed on to the customer.

 

Thanks BF - that was going to be my 'easy' request - we are obviously thinking along the same lines, I find that moving DOM very frustrating indeed...be good to get an indication of what the extra cost would be, could be worth it?

Share this post


Link to post
Share on other sites
Thanks BF - that was going to be my 'easy' request - we are obviously thinking along the same lines, I find that moving DOM very frustrating indeed...be good to get an indication of what the extra cost would be, could be worth it?

 

Honestly, I don't think OEC even wants to go there. I'll ask again to see if they would consider allowing the customer to decide for the extra cost. I know I'd pay it for a reasonable fee. If I recall (all from memory) it would be an added cost, per round trip, per contract - example: an extra 10 cents round trip, per contract. Doesn't sound like a lot when broken down to pennies, but it can add up quickly.

Share this post


Link to post
Share on other sites
added cost, per round trip, per contract - example: an extra 10 cents round trip, per contract. Doesn't sound like a lot when broken down to pennies, but it can add up quickly.

 

True ... but then again I pay for a bottle of Fly Spray cause I am not adept at swatting them...:haha:

Share this post


Link to post
Share on other sites

BF - while you say that a static DOM is probably not a go - what are your thoughts on the chances of getting one-line static DOM, just the best bid and offer that change without scrolling - see attachment.

5aa70e35d673f_NoDOMjustbestprices.png.0af90fd69b8c1241d8ec645c24984f5b.png

Share this post


Link to post
Share on other sites
BF - while you say that a static DOM is probably not a go - what are your thoughts on the chances of getting one-line static DOM, just the best bid and offer that change without scrolling - see attachment.

 

Good idea Mr Ed, will put it in my review! This might be a way around the patent thing.

 

The only issue will be for traders that use limit and/or stop orders... For example, if you want to place a limit order to buy 5 ticks below current price, how could you do that? Or place a stop order once filled? Or a buy/sell stop to enter an order?

 

What do you think?

Share this post


Link to post
Share on other sites
Good idea Mr Ed, will put it in my review! This might be a way around the patent thing.

 

The only issue will be for traders that use limit and/or stop orders... For example, if you want to place a limit order to buy 5 ticks below current price, how could you do that? Or place a stop order once filled? Or a buy/sell stop to enter an order?

 

What do you think?

 

OK - will have a think about those and be back.

Share this post


Link to post
Share on other sites

Hey BF:

 

I am test driving OEC and overall like what I see. But it's still surprising that some basic infrastructure systems are not in place.

 

How about an ACH setup for account funding transactions? After all, primary functions of a trading account are to put money in or take money out. It is not a convenient thing for me to head down to a bank during banking hours (also RTH). The $25 wire fee is a miniscule but annoying bit as well. I may not visit my mailing address for months at a time, so checks are also not convenient.

 

I'll make this suggestion directly to OEC. The inclusion of this request in your review would be apprepriated,

 

Thank you,

 

Bam-Bam

Share this post


Link to post
Share on other sites

mostly wishful thinking, I had a chance to talk to the 'top' guy asking him for displaying of volume in 2 just 2 colors, he said thanked for suggestion that is what he looked for in feed back. Guess what? that was about 2 months ago and don't even think about sending in any suggestion, it is like a bottomless pit, I never get any reply for any suggestion.

Share this post


Link to post
Share on other sites
mostly wishful thinking, I had a chance to talk to the 'top' guy asking him for displaying of volume in 2 just 2 colors, he said thanked for suggestion that is what he looked for in feed back. Guess what? that was about 2 months ago and don't even think about sending in any suggestion, it is like a bottomless pit, I never get any reply for any suggestion.

 

Just b/c your ONE suggestion was not immediately implemented does not mean OEC does not listen. A new update was installed today and a few things I have provided to them have been implemented. So far, I have seen:

 

1) Snap mode on lines

2) Text on lines (custom and value display)

3) Weekly pivots

4) Monthly pivots

 

That's what I saw just glancing through the update that came through today.

 

So, yes, OEC does in fact listen. Perhaps your request was the ONLY one asking for this; therefore, the level of importance is one customer. If other customers are requesting features, majority will win most of the time.

Share this post


Link to post
Share on other sites
I already know that a 'static' dom is not available in futures due to patent infringements with another well-known product. I've asked for a static dom numerous times but OEC's stand is to have a somewhat static dom to avoid patent infringements. In order to have a static dom, an additional cost would have to be passed on to the customer.

 

There are people that have successfully challenged TT (e.g. E-SPeed) . Personally I think how they tried to strong arm the industry was shabby in the extreme. For smaller guys its easier just to roll over I guess. Seems clear to me that it is patent misuse (though as things stand this has not been ruled).

Edited by BlowFish

Share this post


Link to post
Share on other sites
There are people that have successfully challenged TT (e.g. E-SPeed) . Personally I think how they tried to strong arm the industry was shabby in the extreme. For smaller guys its easier just to roll over I guess. Seems clear to me that it is patent misuse (though as things stand this has not been ruled).

 

I agree BF. Currently OEC offers a 'delayed' static dom where the dom does stay centered but only recenters every few seconds vs. constantly static. I guess that's there way of getting around this issue.

Share this post


Link to post
Share on other sites

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.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • MNST Monster Beverage stock, top of range breakout above 60.45, from Stocks to Watch at https://stockconsultant.com/?MNST
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.