IP Library Granted Patent US 12,112,374
Granted Patent B2
US 12,112,374 · App. 18/086,346 · Granted Oct 8, 2024

Timescaled price range summary symbols data structure generation, display, method, and device

Inventor: Eric Schneider (Delray Beach, FL)
G06Q40/04
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Quick Facts
Patent No.
US 12,112,374
App. No.
18/086,346
Granted
Oct 8, 2024
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 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 a total-above-open-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods, whether the intra-time close price of the particular intra-time period was greater than the open price, so that the total-above-open-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the open price, and generating and displaying, the symbol, which illustrates a relationship between the total-above-open-price counter value and the plurality of intra-time periods in the time period.

Claims (48)

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 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 a total-above-open-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods, whether the intra-time close price of the particular intra-time period was greater than the open price, so that the total-above-open-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the open price; and

generating and displaying, the symbol, which illustrates a relationship between the total-above-open-price counter value and the plurality of intra-time periods in the time period.

2. The method of claim 1 , wherein the symbol is a first symbol, the total-above-open-price counter value is a first total-above-open-price counter value and the plurality of intra-time periods in the time period are a first plurality of intra-time periods in a first time period, and the method further comprises generating and displaying, a second symbol, which illustrates a relationship between a second total-above-open-price counter value and a second plurality of intra-time periods in a second time period.

3. The method of claim 2 , further comprising generating the second time period from the first time period in accordance with a selected sequence.

4. The method of claim 3 , wherein the selected sequence is one of a calendar sequence, an arithmetic sequence, a geometric sequence, a triangular number sequence, a square number sequence, a cube number sequence, and a Fibonacci sequence.

5. The method of claim 4 , further comprising generating and displaying, an Nth symbol having an Nth time period corresponding to an Nth element in the selected sequence, wherein N>0.

6. The method of claim 2 , wherein a width of the first symbol and a width of the second symbol are identical and a height of the first symbol and a height of the second symbol are identical.

7. The method of claim 2 , further comprising determining a first close price occurring at a first time, the first close price being an intra-time close price of a last intra-time period of the first plurality of intra-time periods in the first time period and a second close price occurring at a second time, the second close price being an intra-time close price of a last intra-time period of the second plurality of intra-time periods in the second time period wherein the first time and the second time are identical.

8. The method of claim 1 , further comprising determining from an intra-time high price of each of the plurality of intra-time periods in the time period, a highest price and from an intra-time low price of each of the plurality of intra-time periods, a lowest price.

9. The method of claim 8 , wherein a height of the symbol illustrates a range between the lowest price and the highest price, and the method further comprises displaying a marking upon the symbol, the marking illustrates the open price positioned at a portion of the height of the symbol proportionate to a relationship between the open price, the lowest price, and the highest price.

10. The method of claim 8 , wherein a height of the symbol illustrates a range between the lowest price and the highest price, and the method further comprises determining a close price which is an intra-time close price of a last intra-time period of the plurality of intra-time periods in the time period, displaying a marking upon the symbol, the marking illustrates the close price positioned at a portion of the height of the symbol proportionate to a relationship between the close price, the lowest price, and the highest price.

11. The method of claim 1 , 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 or equal to the open price.

12. 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.

13. 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.

14. 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 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 a total-above-open-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods, whether the intra-time close price of the particular intra-time period was greater than the open price, so that the total-above-open-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the open price; and

generate and display, the symbol, which illustrates a relationship between the total-above-open-price counter value and the plurality of intra-time periods in the time period.

15. The apparatus of claim 14 , wherein the symbol is a first symbol, the total-above-open-price counter value is a first total-above-open-price counter value and the plurality of intra-time periods in the time period are a first plurality of intra-time periods in a first time period further comprising the processing circuitry configured to generate and display, a second symbol, which illustrates a relationship between a second total-above-open-price counter value and a second plurality of intra-time periods in a second time period.

16. The apparatus of claim 15 , further comprising the processing circuitry configured to generate the second time period from the first time period in accordance with a selected sequence wherein the selected sequence is one of a calendar sequence, an arithmetic sequence, a geometric sequence, a triangular number sequence, a square number sequence, a cube number sequence, and a Fibonacci sequence.

17. The apparatus of claim 15 , wherein a width of the first symbol and a width of the second symbol are identical and a height of the first symbol and a height of the second symbol are identical.

18. The apparatus of claim 15 , further comprising the processing circuitry configured to determine a first close price occurring at a first time, the first close price being an intra-time close price of a last intra-time period of the first plurality of intra-time periods in the first time period and a second close price occurring at a second time, the second close price being an intra-time close price of a last intra-time period of the second plurality of intra-time periods in the second time period and the first time and the second time are identical.

19. The apparatus of claim 14 , further comprising the processing circuitry configured to determine from an intra-time high price of each of the plurality of intra-time periods in the time period, a highest price and from an intra-time low price of each of the plurality of intra-time periods, a lowest price.

20. The apparatus of claim 19 , wherein a height of the symbol illustrates a range between the lowest price and the highest price further comprising the processing circuitry configured to display a marking upon the symbol, the marking illustrates the open price positioned at a portion of the height of the symbol proportionate to a relationship between the open price, the lowest price, and the highest price.

21. The apparatus of claim 19 , wherein a height of the symbol illustrates a range between the lowest price and the highest price further comprising the processing circuitry configured to determine a close price which is an intra-time close price of a last intra-time period of the plurality of intra-time periods in the time period, displaying a marking upon the symbol, the marking illustrates the close price positioned at a portion of the height of the symbol proportionate to a relationship between the close price, the lowest price, and the highest price.

22. The apparatus of claim 14 , 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 or equal to the open price.

23. The apparatus of claim 14 , 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.

24. The apparatus of claim 14 , 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.

25. A method for generating a data structure, the data structure being used to generate 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 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 a total-above-open-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods, whether the intra-time close price of the particular intra-time period was greater than the open price, so that the total-above-open-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the open price; and

storing the time period, the open price, the total-above-open-price counter value, and a resolution value representative of the plurality of intra-time periods in the time period in association with one another in the data structure on a non-transitory computer readable medium.

26. The method of claim 25 , wherein the symbol which illustrates a relationship between the total-above-open-price counter value and the plurality of intra-time periods in the time period is a first symbol, the total-above-open-price counter value is a first total-above-open-price counter value and the plurality of intra-time periods in the time period are a first plurality of intra-time periods in a first time period, and the method further comprises generating and displaying, a second symbol, which illustrates a relationship between a second total-above-open-price counter value and a second plurality of intra-time periods in a second time period.

27. The method of claim 26 , further comprising generating the second time period from the first time period in accordance with a selected sequence wherein the selected sequence is one of a calendar sequence, an arithmetic sequence, a geometric sequence, a triangular number sequence, a square number sequence, a cube number sequence, and a Fibonacci sequence.

28. The method of claim 26 , wherein a width of the first symbol and a width of the second symbol are identical and a height of the first symbol and a height of the second symbol are identical.

29. The method of claim 26 , further comprising determining a first close price occurring at a first time, the first close price being an intra-time close price of a last intra-time period of the first plurality of intra-time periods in the first time period and a second close price occurring at a second time, the second close price being an intra-time close price of a last intra-time period of the second plurality of intra-time periods in the second time period wherein the first time and the second time are identical.

30. The method of claim 25 , further comprising determining from an intra-time high price of each of the plurality of intra-time periods in the time period, a highest price and from an intra-time low price of each of the plurality of intra-time periods, a lowest price.

31. The method of claim 30 , wherein a height of the symbol illustrates a range between the lowest price and the highest price, and the method further comprises displaying a marking upon the symbol, the marking illustrates the open price positioned at a portion of the height of the symbol proportionate to a relationship between the open price, the lowest price, and the highest price.

32. The method of claim 30 , wherein a height of the symbol illustrates a range between the lowest price and the highest price, and the method further comprises determining a close price which is an intra-time close price of a last intra-time period of the plurality of intra-time periods in the time period, displaying a marking upon the symbol, the marking illustrates the close price positioned at a portion of the height of the symbol proportionate to a relationship between the close price, the lowest price, and the highest price.

33. The method of claim 25 , 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 or equal to the open price.

34. The method of claim 25 , 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.

35. The method of claim 25 , 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 (12)
Continuation In Part 17407232 · Aug 20, 2021
Continuation In Part 17406076 · Aug 19, 2021
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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