Patent ID: 8694410
Filing Date: 2014-04-08
Classification: G06Q

Abstract:
1. A system for supporting trading decisions for securities and/or commodities, comprising: a computing system; at least one display device for presenting rendered data, said rendered data including support and resistance levels for the price of a user-identified security or commodity; an input device for user interaction with said computing system; a physical memory in said computing system; and computer-readable medium for use with said computing system, said computer-readable medium comprising at least one program for identifying and displaying support and resistance levels for the price of said user-identified security or commodity, said at least one program capable of causing said computing system to implement a process comprising the steps of: displaying on said display device a list of trading symbols for said user to select, or allowing said user to input one or more trading symbols, each said trading symbol associated with a security or commodity; seeding the system with an initial Q-level placement price; comparing said user-selected Q-level placement to said at least one stored Q-level array in order to create an initial Q-scale that displays at least a default range of Q-levels covering the Q-distance that contains said user-selected Q-level placement, displaying on said display device a price and a power rating for each said Q-level, thereby allowing a user to study said display of Q-levels relative to said user-specified Q-level placement price and determine what the Q-based target support and resistance levels are, whereby said support level is determined by finding the first Q-level below said Q-level placement price that has a power rating above that of said Q-level placement price, which represents the support level, and whereby said resistance level is determined by finding the first Q-level above said Q-level placement price that has a power rating above that of said Q-level placement price, which represents the resistance level.