Patent AU-2010201366-A1 (AU)
Title: Financial Data Analysis
Inventor: JOHN MATHERS PETER
IPC: G06Q40/00
Filed: 2010-04-07
Abstract: Patents Act 1990 Standard Patent Specifiation Abstract Tide: FINANCIAL DATA M LYSIS ApplIcantgs): Mirabile ylgrg Pty Ltd Inventors): Peter Mathers The following [s a specificati abstact. Abstract Brief Description of the Drawings Fig. 1 is a screenshot of an Interfame of a computer program for charting financial data, nijmly a marke-traded security,[n accordane wlf1 an embodiment of the inventon. Detalied Descrlption of Tle Preferred Embodiments The sequenm Mod Fresiacc[ numbers Ts dened by the recurrent relaton: F,= F, , F* With sed values F, =0 and F, =0. Thus the sequenoe cn be enumerated as: Fr 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89" As is widely explored in many sources, Fibonacc[ numbers have varous mathematical Identes, am associted wlth natural phenomena relating to growth. The trading levels desclbed herein arebased upon Fibnaced numbers as described herein. The trading levels described herein formed in a hierarchy of groups, these are termed as alowes: Major Trading Levels Medlum Trading Levels Minor Trading Levels Subminor Trading Levels Major raang Leas Major Trading Levels are based upon a selection of elments from the Fabolaccl seriesZ to F namely 1, 2, 3, 5, 8, 13. The Major Trading Levels are consdered the most signircant tadIng levels. HIgher Fabonacc[ numbers (21, 34, 55, and so on) arm not used. Tis is because the trading levels of 20, 30, 50, SD are of greater sign~flcance for market movnemnts han corresponding numbers directy drawn from the Fiboraccl seres, namely 21, 34, 55, 89. To take Into account a variety of pridng levels, These numbers are scale across orders of magnitude, that is, multiples of ten. A rdingly, the numbers in the runcated series {1, a 13) and blended ith a sees which Is (10, 20, 30, .. 130} and so on, for orders of magnitude In bath directions. Major Trading Levels - U " for integers m Thus for M = -1, 0, 1, the levels am as follow. Major Trading Levels - K U .1, 0.2,0.3,0.5,0.8,1.3}u ,2,3,5,8,13u f0,20,30,50,80,130uK There is an "overlap" between the members of succssive unioned sel, as the sequence runs 0.1, 0.13, 0.2, and 1.0, 1.3, 2.0 and so on. This can be morn direciy appredated when the price levels are listed in sequence. Major Trading Levels , KU f 1, 0.13,0.2,0.3,0.5,0.8,1,0,1.3,2,3,5,8,10,13,20,30,50,80,100, 130)1K Meduam iadng Level Medium Trading Levels are based upon a sequence delved from the Major Trading Leemls. Fr convenient, a modified sequence can be defined as below. F, - .5, 2.5,4.0, 6.5,9.0, 11.5)forn= 2.6 Medium Trading Levels - 10' for integers m Thus for in = -1, 0, 1, the levels am as follow. Medium Trading Levels - K U f.15, 0.25,040,0.65,0.90,1,15U .5, 2.5,4.0,6.5,9.0,11.5)u 115,20,40,65,90,115JK Medium Trading Levels KU .115,0.15,0.25,040,0.65,0.90,1.15,K 11.5,15,20,40,65,90,115,150}4J K Medium Trading Levels are structured to be intermediate between Major Trading Levels and Minor Trading Levels, deralbed below. Mnor TrasgLera Minor Trading Levels are struchred In a way similar to Major Trading Levels, though on a smaller scale. MinorTrading Levels- Iri 0.1 x for integers mf Minor Trading Levels .. 1,1.2,1.3,1.5,1.8i .1, 2.2,2.3,2.5,2.8+ P.1,32,33,3.5,3.8} K ahlandr Trading Levels Subinor Trading Levels are structured To a way similar to Minor Trading Levels, on a smaller scale. Submnor TradingLevek- + .. 1xrp+.1x}fa9 1 to 9 and Integers m Subrninor Trading Levels - f.11,1.12,1.13, 1.15, 1.18 .. 21,1.22,1.23,1.25, 1.28) U t.31,1.32,133,1.35,1.38)uK $ie dor Trainig Le bel This is alo reerred to Trading Level 72 as it plays upon the signficance of 72 as a trading level. Special Trading Levels U t 2x10" U .72- 10.n for integers yn Spedal Trading Leves K U P,072,0.72,7.2,72,720,7200U 7272,3.72,472, 5.72, 6.72, 872,9.72, 10.72)U K Cawtng propi Smf Fig. 1 is a screnshot of an interface for a aoputer program that operates in accordance with an embodiment of the Invention. Fnancal price series data Is accessed front a finandal data fed serlce delivered over the gtrafd. This can be live data, updated In real-tine during trading, or end of day-of-day data, as required. As illustrated, the data is darted, preferably stowing the high and low prices for a day's trading. A mouse or keyboard stokes can be used to change the time period displayed and the scale of prcing. The groups of trading levels can be selectvely displayed, for example, toggled on and off as required through a menu option or graphical icon. To gain a greater understanding of how a market works with price and the behaviour of prim within that particular market being viewed. The trading levels can Inform an analysts dcla n-makng press to manage their flnandal positions in markets. Therefore the trading levels can act as a valuable referene pont In Tnterpreting historical movements, and spculaing upon future movements. It Is open to analysts to determine how a market In a particular security operates In relation to trading leyes and, consequenty, speculate how market movemerds in that security may occur. Far example, it is round that for certain securities market Mnaturally attracted to the next significant trading level. Analysts may look to Major Trading Levels for insight to likely longer-term market mvements, but look to Minor Trading Levels or lSubminor Trading Levels for shorter or Inta-day market movements. Although the invention has been described wIlh reference to spedfic examples, It will be appredated by those skied In the art that he Inventon may be emboded In many other forms.