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Frank J Cervo Deceased615 Portside Dr, Davidson, NC 28036

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615 Portside Dr, Davidson, NC 28036    704-9975720   

965 Coleman Ave, Fairmont, WV 26554    304-3665729    304-5348305   

32 Middletown Rd, Fairmont, WV 26554    304-3663188   

7125 Scottsdale Rd, Fairmont, WV 26554    304-3665729   

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Us Patents

System And Method For Decisions In Trading Financial Instruments

US Patent:
8280802, Oct 2, 2012
Filed:
Sep 2, 2011
Appl. No.:
13/224810
Inventors:
Frank J. Cervo - Fairmont WV, US
International Classification:
G06Q 40/00
US Classification:
705 37, 705 38
Abstract:
A computerized system alerts a change in direction of the price of a tradable financial instrument. The system plots a resistance line, a support line, and a transition point at which the price is changing. The transition point occurs when the price of the tradable instrument is either higher or lower than both the corresponding resistance point on the resistance line and a corresponding support point on the support line. Resistance points are calculated sequentially as the lowest averaged values of a series of critical prices for a particular time period. Support points are calculated sequentially as the highest averaged values of a series of critical prices for a particular time period, wherein the critical prices comprise the highest price, the lowest price, and the closing price of the tradable instrument for that particular time period.

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