In OS X you will have to configure Terminal.app to use the ALT-Key to work as the Meta-Key and this will enable the menus in Console.

In Menu Terminal -> Preferences

Text Tab:
- clone a template and name Open-E
- text : bright yellow
- bold text: orange

Window Tab:
- Titel: Open-E

Keyboard Tab:
- check "Use option as meta key" (important!)

Advanced Tab:
- Declare Terminal as vt102 (important!)
- International character encoding Unicode UTF-8

Then use Menu Shell -> New Window -> select Open-E settings