Invention Grant
- Patent Title: System and method for chart pattern recognition and analysis in an electronic trading environment
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Application No.: US13527340Application Date: 2012-06-19
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Publication No.: US08370240B2Publication Date: 2013-02-05
- Inventor: Charles Monroe , Alvin F. Tanpoco
- Applicant: Charles Monroe , Alvin F. Tanpoco
- Applicant Address: US IL Chicago
- Assignee: Trading Technologies International, Inc.
- Current Assignee: Trading Technologies International, Inc.
- Current Assignee Address: US IL Chicago
- Agency: McDonnell Boehnen Hulbert & Berghoff LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A system and method are provided for chart pattern recognition and analysis. In one embodiment, a graphical interface is provided to enable a trader to select a portion of a chart to be used in the chart pattern analysis. The pattern of the selected portion of the chart could then be used to find one or more similar chart patterns in a user-defined timeframe, such as any future time period or a time period in the past. When a reoccurring chart pattern is found in any future time period, an alert signal can be generated to alert a user of a possibility of the chart pattern reoccurrence. Alternatively, chart pattern matches can be found in a time period in the past, and a set of studies can be applied to the found matches to generate a set of reoccurring indicator values. The reoccurring indicator values can be used in combination with the chart pattern to detect any similar chart patterns in the future.
Public/Granted literature
- US20120259766A1 System and Method for Chart Pattern Recognition and Analysis in an Electronic Trading Environment Public/Granted day:2012-10-11
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