Dynamic price range summary symbol generation, display, method, and device
View Patent ↗A method of updating a displayed 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, wherein the intra-time close price of the Nth intra-time period is a close price of the time period and N is an integer greater than one, determining, an open price of the time period from intra-time price data including an intra-time open price and an intra-time close price corresponding to a received (N−K)th intra-time period, wherein K is an integer less than N and the time period includes a plurality of intra-time periods ranging from the (N−K)th intra-time period to the Nth intra-time period, determining an average price from the intra-time close price of each intra-time period of the plurality of intra-time periods in the time period, determining a total-above-average-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods in the time period, whether the intra-time close price of the particular intra-time period was greater than the average price, so that the total-above-average-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the average price, erasing the displayed symbol at a particular position, and generating and displaying a new symbol at the particular position, which illustrates a new relationship between the total-above-average-price counter value and the plurality of intra-time periods in the time period.
1. A method of displaying a symbol representative of changes in price during a time period, the method comprising:
receiving by a network access device, for each intra-time period of a plurality of intra-time periods in the time period, OHLC data including intra-time price data including an intra-time open price and an intra-time close price corresponding to the intra-time period;
using a computer device comprising a processor, a memory, and the network access device, where the memory stores the OHLC data and a charting engine;
determining using the processor in operative communication with the charting engine, 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, using the processor in operative communication with the charting engine, an average price from the intra-time close price of each intra-time period of the plurality of intra-time periods in the time period;
determining, at least in part by using the processor and by accessing OHLC data stored in the memory, a total-above-average-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 average price, so that the total-above-average-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the average price; and
providing the total-above-average-price counter value to the charting engine, the charting engine generating and displaying, the symbol by communicating with the processor, which illustrates a relationship between the total-above-average-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-average-price counter value is a first total-above-average-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-average-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 is an integer greater than zero.
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-average-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 average 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. A method of updating a displayed symbol representative of changes in price during a time period, the method comprising:
receiving by a network access device, for each intra-time period of a plurality of intra-time periods in the time period, OHLC data including intra-time price data including an intra-time open price and an intra-time close price corresponding to the intra-time period, wherein the intra-time close price of the Nth intra-time period is a close price of the time period and N is an integer greater than one;
using a computer device comprising a processor, a memory, and the network access device, where the memory stores the OHLC data and a charting engine;
determining using the processor in operative communication with the charting engine, an open price of the time period from intra-time price data including an intra-time open price and an intra-time close price corresponding to a received (N−K)th intra-time period, wherein K is an integer less than N and the time period includes a plurality of intra-time periods ranging from the (N−K)th intra-time period to the Nth intra-time period;
determining, using the processor in operative communication with the charting engine, an average price from the intra-time close price of each intra-time period of the plurality of intra-time periods in the time period;
determining, at least in part by using the processor and by accessing OHLC data stored in the memory, a total-above-average-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods in the time period, whether the intra-time close price of the particular intra-time period was greater than the average price, so that the total-above-average-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the average price;
the charting engine erasing the displayed symbol at a particular position by communicating with the processor; and
the charting engine generating and displaying a new symbol at the particular position by communicating with the processor, which illustrates a new relationship between the total-above-average-price counter value and the plurality of intra-time periods in the time period.
15. The method of claim 14 , wherein the new symbol is a first new symbol displayed at a first particular position, the total-above-average-price counter value is a first total-above-average-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 new symbol at a second particular position, which illustrates a relationship between a second total-above-average-price counter value and a second plurality of intra-time periods in a second time period.
16. The method of claim 15 , further comprising generating the second time period from the first time period in accordance with a selected sequence.
17. The method of claim 16 , 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.
18. The method of claim 17 , further comprising generating and displaying, a J-th symbol at a J-th particular position having a J-th time period corresponding to a J-th element in the selected sequence, wherein J is an integer greater than zero.
19. A method of updating a displayed symbol representative of changes in price during a time period, the method comprising:
receiving by a network access device, for each intra-time period of a plurality of intra-time periods in the time period, OHLC data including intra-time price data including an intra-time open price and an intra-time close price corresponding to the intra-time period, wherein the intra-time close price of the Nth intra-time period is a close price of the time period and N is an integer greater than one;
using a computer device comprising a processor, a memory, and the network access device, where the memory stores the OHLC data and a charting engine;
determining using the processor in operative communication with the charting engine, an open price of the time period from intra-time price data including an intra-time open price and an intra-time close price corresponding to a received (N−K)th intra-time period, wherein K is an integer less than N and the time period includes a plurality of intra-time periods ranging from the (N−K)th intra-time period to the Nth intra-time period;
determining, using the processor in operative communication with the charting engine, a total-above-open-price counter value by determining, for each particular intra-time period of a plurality of intra-time periods in the time period, 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;
the charting engine erasing the displayed symbol at a particular position by communicating with the processor; and
the charting engine generating and displaying a new symbol at the particular position by communicating with the processor, which illustrates a new relationship between the total-above-open-price counter value and the plurality of intra-time periods in the time period.
20. The method of claim 19 , wherein the new symbol is a first new symbol displayed at a first particular position, 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 new symbol at a second particular position, 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.
21. The method of claim 20 , further comprising generating the second time period from the first time period in accordance with a selected sequence.
22. The method of claim 21 , 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.
23. The method of claim 22 , further comprising generating and displaying, a J-th symbol at a J-th particular position having a J-th time period corresponding to a J-th element in the selected sequence, wherein J is an integer greater than zero.
24. An apparatus for displaying a symbol representative of changes in price during a time period, comprising:
a network interface configured to receive, for each intra-time period of a plurality of intra-time periods in the time period, OHLC data including intra-time price data including an intra-time open price and an intra-time close price corresponding to the intra-time period;
a processor coupled to the network interface and to a memory, the memory storing the OHLC data and a charting engine;
the processor configured to:
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 an average price from the intra-time close price of each intra-time period of the plurality of intra-time periods in the time period;
determine a total-above-average-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 average price, so that the total-above-average-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the average price; and
provide the total-above-average-price counter value to the charting engine, the charting engine configured to generate and display, in communication with the processor, the symbol by illustrating a relationship between the total-above-average-price counter value and the plurality of intra-time periods in the time period.
25. An apparatus for updating a displayed symbol representative of changes in price during a time period, comprising:
a network interface configured to receive, for each intra-time period of a plurality of intra-time periods in the time period, OHLC data including intra-time price data including an intra-time open price and an intra-time close price corresponding to the intra-time period, wherein the intra-time close price of the Nth intra-time period is a close price of the time period and N is an integer greater than one;
a processor coupled to the network interface and to a memory, the memory storing the OHLC data and a charting engine;
the processor configured to:
determine an open price of the time period from intra-time price data including an intra-time open price and an intra-time close price corresponding to a received (N-K)th intra-time period, wherein K is an integer less than N and the time period includes a plurality of intra-time periods ranging from the (N-K) th intra-time period to the Nth intra- time period;
determine an average price from the intra-time close price of each intra- time period of the plurality of intra-time periods in the time period;
determine a total-above-average-price counter value by determining, for each particular intra-time period of the plurality of intra-time periods in the time period, whether the intra-time close price of the particular intra-time period was greater than the average price, so that the total-above-average-price counter value indicates a number of the intra-time periods for which the intra-time close price was greater than the average price; and
the charting engine configured to:
erase the displayed symbol at a particular position by communicating with the processor; and
generate and display a new symbol at the particular position by communicating with the processor, which illustrates a new relationship between the total-above-average-price counter value and the plurality of intra-time periods in the time period.
26. An apparatus for updating a displayed symbol representative of changes in price during a time period, the apparatus comprising:
a network interface configured to receive, for each intra-time period of a plurality of intra-time periods in the time period, OHLC data including intra-time price data including an intra-time open price and an intra-time close price corresponding to the intra-time period, wherein the intra-time close price of the Nth intra-time period is a close price of the time period and N is an integer greater than one;
a processor coupled to the network interface and to a memory, the memory storing the OHLC data and a charting engine;
the processor configured to:
determine an open price of the time period from intra-time price data including an intra-time open price and an intra-time close price corresponding to a received (N-K)th intra-time period, wherein K is an integer less than N and the time period includes a plurality of intra-time periods ranging from the (N-K) th intra-time period to the Nth intra-time period;
determine a total-above-open-price counter value by determining, for each particular intra-time period of a plurality of intra-time periods in the time period, 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
the charting engine configured to:
erase the displayed symbol at a particular position by communicating with the processor;
generate and display a new symbol at the particular position by communicating with the processor, which illustrates a new relationship between the total- above-open-price counter value and the plurality of intra-time periods in the time period.