Visual-kinesthetic interactive financial trading system

• US 20020120551A1
• Filed: 02/27/2001
• Published: 08/29/2002
• Est. Priority Date: 02/27/2001
• Status: Abandoned Application

• Current Assignee: Clarkson Jones III
• Original Assignee: Clarkson Jones III
• Inventors: Jones, Clarkson III
• Application Number:
  US09/794,776
• Publication Number:
  US 20020120551A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A visual-kinesthetic system for financial trading is disclosed. The system includes a computer with at least one screen that has both input and output capabilities, graphical software controllable by input to the computer that follows and plots the movement of financial information in a market to the input/output screen, and trading software controllable by the computer and by input from the screen that functionally communicates with the graphical software so that interaction with graphical information on the screen can control the trading software.

Claims

1. A visual-kinesthetic system for financial trading comprising:

a computer with at least one screen that has both input and output capabilities;

graphical software controllable by input to said computer that follows the movement of financial information in a market and plots the movement of the financial information to said input/output screen in charted format; and

trading software controllable by said computer and by input from said screen that functionally communicates with said graphical software so that interaction with said charted information on said screen can control said trading software.

2. A financial trading system according to claim 1 wherein said screen is a touch screen.

3. A financial trading system according to claim 1 wherein said screen is responsive to a light pen.

4. A financial trading system according to claim 1 wherein said screen is responsive to a computer mouse.

5. A financial trading system according to claim 1 wherein said screen comprises a digital pad and means for projecting the financial information onto said digital pad.

6. A financial trading system according to claim 1 wherein said graphical software plots information selected from the group consisting of:

price, moving average, bar charts, candlestick charts;

convergence, divergence, stochastics, momentum, relative strength, Bollinger bands, and combinations thereof.

7. A financial trading system according to claim 1 wherein said graphical software produces a visual output signal on said screen in response to input to said screen.

8. A financial trading system according to claim 1 wherein said graphical software produces an audible output signal in response to input to said screen.

9. A financial trading system according to claim 1 comprising means in said software for marking and confirming a proposed order by touching said screen.

10. A financial trading system according to claim 9 comprising means for marking the order at one position on said screen and confirming the order at a different location on said screen.

11. A financial trading system according to claim 1 comprising:

means for touching said screen at a location corresponding to a desired trade; and

means for executing the trade only if the chart reaches the desired location.

12. A financial trading system according to claim 1 comprising means for placing a distinctive symbol on said screen when the user provides input said screen other than keystrokes to indicate an order.

13. A financial trading system according to claim 12 wherein said symbol is an up arrow for a buy order.

14. A financial trading system according to claim 12 wherein said symbol is a down arrow for a sell order.

15. A financial trading system according to claim 12 wherein said symbol-placing means comprises a display of different colors for different types of orders.

16. A financial trading system according to claim 12 wherein said symbol-placing means comprises a display of different colors for different order status.

17. A system according to claim 12 comprising means for changing the color of said symbol when the pending order is completed.

18. A financial trading system according to claim 1 comprising means for placing a short sell order when the user touches the screen at a price below the current price to be executed at a specified later time.

19. A financial trading system according to claim 1 comprising means for indicating a buy or sell prior to marking the chart to thereby indicate a short or long order.

20. A financial trading system according to claim 1 wherein said trading software comprises means for indicating the number of shares to be traded using input to said screen other than keystrokes.

21. A financial trading system according to claim 1 comprising a plurality of said screens with input and output capabilities.

22. A visual-kinesthetic system for financial trading comprising:

a computer with at least one screen that has both input and output capabilities; and

software controllable by input to said computer that carries out at least the functions of following and plotting the movement of financial information in a financial market in charted format to said input/output screen; and

placing trading orders based on input to the computer through said screen.

23. A financial trading system according to claim 22 wherein said screen is selected from the group consisting of touch screens, screens that are responsive to a light pen, screens that are responsive to a computer mouse, digital pads, and combinations thereof.

24. A financial trading system according to claim 22 wherein said graphical software plots information selected from the group consisting of:

price, moving average, bar charts, candlestick charts;

convergence, divergence, stochastics, momentum, relative strength, Bollinger bands, and combinations thereof.

25. A financial trading system according to claim 22 wherein said graphical software produces a visual output signal on said screen in response to input to said screen.

26. A financial trading system according to claim 22 wherein said graphical software produces an audible output signal in response to input to said screen.

27. A financial trading system according to claim 22 comprising means in said software for marking and confirming a proposed order by providing input to said screen other than from keystrokes.

28. A financial trading system according to claim 27 comprising means for marking the order at one position on said screen and confirming the order at a different location on said screen.

29. A financial trading system according to claim 22 comprising:

means for providing input to said screen other than with keystrokes at a location corresponding to a desired trade; and

means for executing the trade only if the chart reaches the desired location.

30. A financial trading system according to claim 22 comprising means for placing a distinctive symbol on said screen when the user touches said screen to indicate an order.

31. A financial trading system according to claim 30 wherein said symbol is selected from the group consisting of an up arrow for a buy order, a down arrow for a sell order, a display of different colors for different types of orders, a display of different colors for different order status, and combinations thereof.

32. A financial trading system according to claim 22 wherein said trading software comprises means for indicating the number of shares to be traded using input to said screen other than keystrokes.

33. A financial trading system according to claim 22 comprising a plurality of said screens with input and output capabilities.

35. A method of financial trading according to claim 34 wherein the step of providing input to the screen is selected from the group consisting of:

touching a touch screen, directing a light pen to said screen, and directing a computer mouse.

36. A method of financial trading according to claim 34 wherein the step of plotting financial data comprises plotting information selected from the group consisting of:

price, moving average, bar charts, candlestick charts;

convergence, divergence, stochastics, momentum, relative strength, Bollinger bands, and combinations thereof.

37. A method of financial trading system according to claim 34 comprising touching the screen to mark and confirm a proposed order.

38. A method of financial trading according to claim 34 comprising touching the screen at a price below the current price to be executed at a specified later time to place a short sell order.

39. A method of financial trading according to claim 34 comprising indicating a buy or sell prior to marking the chart to thereby indicate a short or long order.

40. A method of financial trading according to claim 34 comprising indicating the number of shares to be traded using input to said screen other than keystrokes.

34. A method of financial trading comprising:

plotting financial data in graphical format on a screen that has both input and output capabilities other than keystrokes and that is in communication with a computer processor;

providing input to the screen other than with keystrokes while the data is plotted thereon to indicate an order; and

forwarding the order indicated by the input from the screen to the processor and from the processor to a trader.

41. A visual-kinesthetic system for financial trading comprising:

a processor;

an input/output screen in communication with said processor that displays information from a financial market in a graphical format;

means in communication with said screen and said processor for forwarding the meaning of an input position on said screen in terms of the displayed information to said processor;

means for comparing the input position on said screen to the information displayed on said screen; and

means for ordering a transaction based on the relationship between the input position and the displayed information.

42. A visual-kinesthetic trading system according to claim 41 wherein the displayed information is a plot of price versus time.

43. A visual-kinesthetic trading system according to claim 42 comprising means for ordering a transaction when the displayed price meets the input price.

44. A visual-kinesthetic trading system according to claim 42 comprising means for ordering a transaction as soon as input is made to said screen.

45. A visual-kinesthetic trading system according to claim 42 comprising means for ordering a transaction at a set time at the input price.

46. A visual-kinesthetic trading system according to claim 42 wherein said communication means comprises software.

47. A visual-kinesthetic trading system according to claim 42 wherein said comparing means comprises software.

48. A visual-kinesthetic trading system according to claim 42 wherein said ordering means comprises software.

49. A visual-kinesthetic trading system according to claim 42 comprising graphical software for plotting information selected from the group consisting of:

price, moving average, bar charts, candlestick charts;

convergence, divergence, stochastics, momentum, relative strength, Bollinger bands, and combinations thereof.

50. A financial trading system according to claim 41 comprising means for placing a distinctive symbol on said screen when the user touches said screen to indicate an order.

51. A financial trading system according to claim 50 wherein said symbol is selected from the group consisting of an up arrow for a buy order, a down arrow for a sell order, a display of different colors for different types of orders, a display of different colors for different order status, and combinations thereof.

52. A financial trading system according to claim 41 wherein said communications means comprises means for indicating the number of shares to be traded (i.e., the size of the order) using input to said screen other than keystrokes.

53. A financial trading system according to claim 41 comprising a plurality of said screens with input and output capabilities.