Shailesh Saraf - A Co-founder of Dynamic Equities Private Limited, has an experience of nearly 20 years in the financial market, especially in capital & derivatives market operations, trading, research and management related areas. Based on his 2 decade experience in the financial markets, he has also applied for Patent in US, Euro zone and India on Dec 21, 2011 for his innovation of Technical Levels Ladder (brief below).
Background of the Invention
Small investors are losing money because they take uninformed and emotional decisions since they do not have access to historical data and cannot strategize while big investors are able to back-test and make strategies on the basis of historical data. The need of the hour is to make available historical data in a concise, precise and comprehensive manner free of cost. The present invention aims to provide such historical data, free of cost, in a manner which enables the small investors to take informed decisions.
The distribution of wealth should shift from the big investor, institutions to the small investor and to guide such small investor to take informed decisions to make money in the financial markets consistently.
A system and method for providing historical market data in a ladder-like display to users accessing the same through a computer, mobile or handheld device. The method involves the steps of:
(a) choosing the financial instrument;
(b) inputting the price for which the probable upward and/or downward price points is sought;
(c) checking anyone, all, or any combination of the time range boxes;
(d) choosing the parameter of displaying the results in the ladder in terms of price or date;
(e) aggregating and filtering the information according to the search criteria input by a user;
(f) displaying the said aggregated/filtered data and information on said user's handheld, mobile or computer device;
(g) displaying the price, period, support/resistance and breakout levels for each field horizontally;
(h) presenting to users a single spreadsheet-like view of key price levels for global and correlated commodities, indices, currencies and bonds.