IP Library Granted Patent US 11,538,111
Granted Patent B2
US 11,538,111 · App. 17/406,076 · Granted Dec 27, 2022

Price range summary symbol display system, method, and device

Inventor: Eric Schneider (Delray Beach, FL)
G06Q40/06
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Quick Facts
Patent No.
US 11,538,111
App. No.
17/406,076
Granted
Dec 27, 2022
Kind
B2
Abstract

A method of displaying a symbol representative of changes in price during a time period, the method includes receiving, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period, determining, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods, determining, from the intra-time high price of each of the plurality of intra-time periods, a total-higher-high-price counter value, determining, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-above-open-price counter value, and generating and displaying, by a charting engine, the symbol, which illustrates a relationship between the total-higher-high price counter value and the total-above-open-price counter value.

Claims (61)

1. A method of displaying a symbol representative of changes in price during a time period, the method comprising:

receiving, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period;

determining, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods;

determining, from the intra-time high price of each of the plurality of intra-time periods, a total-higher-high-price counter value, wherein the higher-high price counter value is incremented whenever it is determined that the intra-time high price of a current intra-time period is greater than the intra-time high price of each prior intra-time period within the time period;

determining, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-above-open-price counter value, wherein the above-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is greater than the open price; and

generating and displaying, by a charting engine, the symbol, which illustrates a relationship between the total-higher-high price counter value and the total-above-open-price counter value.

2. The method of claim 1 , further including generating each intra-time period of the plurality of intra-time periods from received real-time market data in accordance with a selected intra-time-period resolution value.

3. The method of claim 1 , wherein the time period is a first time period, the first time period is an intra-time period within a second time period, and the second time period is longer in duration than the first time period.

4. The method of claim 1 , wherein the time period is one of an amount of ticks, an amount of volume, an amount of price range, and an amount of time between a fraction of a second and decades and the changes in price are of a market-traded object representative of one of a physical asset, a digital asset, an asset pair, and a ratio between two different assets.

5. The method of claim 1 , wherein the relationship is one of a proportionate relationship between the total-higher-high price counter value and the total-above-open-price counter value and a proportionate relationship between the total-above-open-price counter minus the total-higher-high price counter value and the total-above-open-price counter value.

6. The method of claim 1 , wherein the symbol is in the form of one of a bar chart, stacked bar chart, and pie chart and the symbol is one of a demarcation indicator and an element of an off-chart technical indicator.

7. A method of displaying a symbol representative of changes in price during a time period, the method comprising:

receiving, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period;

determining, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods;

determining, from the intra-time low price of each of the plurality of intra-time periods, a total-lower-low-price counter value, wherein the lower-low price counter value is incremented whenever it is determined that the intra-time low price of a current intra-time period is less than the intra-time low price of each prior intra-time period within the time period;

determining, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-below-open-price counter value, wherein the below-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is less than the open price; and

generating and displaying, by a charting engine, the symbol, which illustrates a relationship between the total-below-open-price counter value and the total-lower-low-price counter value.

8. The method of claim 7 , further including generating each intra-time period of the plurality of intra-time periods from received real-time market data in accordance with a selected intra-time-period resolution value.

9. The method of claim 7 , wherein the time period is a first time period, the first time period is an intra-time period within a second time period, and the second time period is longer in duration than the first time period.

10. The method of claim 7 , wherein the time period is one of an amount of ticks, an amount of volume, an amount of price range, and an amount of time between a fraction of a second and decades and the changes in price are of a market-traded object representative of one of a physical asset, a digital asset, an asset pair, and a ratio between two different assets.

11. The method of claim 7 , wherein the relationship is one of a proportionate relationship between the total-lower-low price counter value and the total-below-open-price counter value and a proportionate relationship between the total-below-open-price counter minus the total-lower-low price counter value and the total-below-open-price counter value.

12. The method of claim 7 , wherein the symbol is in the form of one of a bar chart, stacked bar chart, and pie chart and the symbol is one of a demarcation indicator and an element of an off-chart technical indicator.

13. A method of displaying a symbol representative of changes in price during a time period, the method comprising:

receiving, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period;

determining, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods;

determining, from the intra-time high price of each of the plurality of intra-time periods, a total-higher-high-price counter value, wherein the higher-high price counter value is incremented whenever it is determined that the intra-time high price of a current intra-time period is greater than the intra-time high price of each prior intra-time period within the time period;

determining, from the intra-time low price of each of the plurality of intra-time periods, a total-lower-low-price counter value, wherein the lower-low price counter value is incremented whenever it is determined that the intra-time low price of a current intra-time period is less than the intra-time low price of each prior intra-time period within the time period;

determining, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-above-open-price counter value, a total-equal-open-price counter value, and a total-below-open-price counter value, wherein the above-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is greater than the open price, the equal-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is equal to the open price, and the below-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is less than the open price; and

generating and displaying, by a charting engine, the symbol, which illustrates a relationship between the total-higher-high-price counter value, the total-above-open-price counter value, the total-equal-open-price counter value, the total-below-open-price counter value and the total-lower-low-price counter value.

14. The method of claim 13 , wherein the symbol is in the form of one of a bar chart, stacked bar chart, and pie chart and the symbol is one of a demarcation indicator and an element of an off-chart technical indicator.

15. An apparatus for displaying a symbol representative of changes in price during a time period, the apparatus comprising:

processing circuitry configured to

receive, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period;

determine, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods;

determine, from the intra-time high price of each of the plurality of intra-time periods, a total-higher-high-price counter value, wherein the higher-high price counter value is incremented whenever it is determined that the intra-time high price of a current intra-time period is greater than the intra-time high price of each prior intra-time period within the time period;

determine, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-above-open-price counter value, wherein the above-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is greater than the open price; and

generate and display, by a charting engine, the symbol, which illustrates a relationship between the total-higher-high price counter value and the total-above-open-price counter value.

16. The apparatus of claim 15 , wherein the relationship is one of a proportionate relationship between the total-higher-high price counter value and the total-above-open-price counter value and a proportionate relationship between the total-above-open-price counter minus the total-higher-high price counter value and the total-above-open-price counter value.

17. The apparatus of claim 15 , wherein the symbol is in the form of one of a bar chart, stacked bar chart, and pie chart and the symbol is one of a demarcation indicator and an element of an off-chart technical indicator.

18. The apparatus of claim 15 , wherein the time period is a first time period, the first time period is an intra-time period within a second time period, and the second time period is longer in duration than the first time period.

19. An apparatus for displaying a symbol representative of changes in price during a time period, the apparatus comprising:

processing circuitry configured to

receive, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period;

determine, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods;

determine, from the intra-time low price of each of the plurality of intra-time periods, a total-lower-low-price counter value, wherein the lower-low price counter value is incremented whenever it is determined that the intra-time low price of a current intra-time period is less than the intra-time low price of each prior intra-time period within the time period;

determine, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-below-open-price counter value, wherein the below-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is less than the open price; and

generate and display, by a charting engine, the symbol, which illustrates a relationship between the total-below-open-price counter value and the total-lower-low-price counter value.

20. The apparatus of claim 19 , wherein the relationship is one of a proportionate relationship between the total-lower-low price counter value and the total-below-open-price counter value and a proportionate relationship between the total-below-open-price counter minus the total-lower-low price counter value and the total-below-open-price counter value.

21. The apparatus of claim 19 , wherein the symbol is in the form of one of a bar chart, stacked bar chart, and pie chart and the symbol is one of a demarcation indicator and an element of an off-chart technical indicator.

22. The apparatus of claim 19 , wherein the time period is a first time period, the first time period is an intra-time period within a second time period, and the second time period is longer in duration than the first time period.

23. A apparatus for displaying a symbol representative of changes in price during a time period, the apparatus comprising:

processing circuitry configured to

receive, for each intra-time period of a plurality of intra-time periods in the time period, intra-time price data including an intra-time open price, an intra-time high price, an intra-time low price, and an intra-time close price corresponding to the intra-time period;

determine, from the received intra-time price data for the plurality of intra-time periods, an open price, which is an intra-time open price of an initial intra-time period of the plurality of intra-time periods;

determine, from the intra-time high price of each of the plurality of intra-time periods, a total-higher-high-price counter value, wherein the higher-high price counter value is incremented whenever it is determined that the intra-time high price of a current intra-time period is greater than the intra-time high price of each prior intra-time period within the time period;

determine, from the intra-time low price of each of the plurality of intra-time periods, a total-lower-low-price counter value, wherein the lower-low price counter value is incremented whenever it is determined that the intra-time low price of a current intra-time period is less than the intra-time low price of each prior intra-time period within the time period;

determine, from the intra-time close price of each of the plurality of intra-time periods compared to the open price, a total-above-open-price counter value, a total-equal-open-price counter value, and a total-below-open-price counter value, wherein the above-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is greater than the open price, the equal-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is equal to the open price, and the below-open-price counter value is incremented whenever it is determined that the intra-time close price of a current intra-time period is less than the open price; and

generate and display, by a charting engine, the symbol, which illustrates a relationship between the total-higher-high-price counter value, the total-above-open-price counter value, the total-equal-open-price counter value, the total-below-open-price counter value and the total-lower-low-price counter value.

24. The apparatus of claim 23 , wherein the symbol is in the form of one of a bar chart, stacked bar chart, and pie chart and the symbol is one of a demarcation indicator and an element of an off-chart technical indicator.

25. The apparatus of claim 23 , wherein the time period is a first time period, the first time period is an intra-time period within a second time period, and the second time period is longer in duration than the first time period.

26. The apparatus of claim 23 , wherein the time period is one of an amount of ticks, an amount of volume, an amount of price range, and an amount of time between a fraction of a second and decades and the changes in price are of a market-traded object representative of one of a physical asset, a digital asset, an asset pair, and a ratio between two different assets.

Continuity (10)
Continuation In Part 17369577 · Jul 7, 2021
Continuation In Part 17352294 · Jun 19, 2021
Continuation In Part 17351929 · Jun 18, 2021
Continuation In Part 17342573 · Jun 9, 2021
Continuation In Part 17338260 · Jun 3, 2021
Continuation In Part 16937949 · Jul 24, 2020
Continuation In Part 16935084 · Jul 21, 2020
Continuation In Part 16932345 · Jul 17, 2020
Continuation In Part 16790512 · Feb 13, 2020
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