TT Trying to Patent Cumulative Delta Volume!

[FulcrumTrader 10]

I am not surprised by this move at all. TT does understand the power behind the proper use of Cumulative Delta Volume. I just posted my comments about this news on my blog for our Delta based traders to see this important news....now I will watch how marketdelta.com/linnsoft.com/CQG.com respond to another technology grab by TT.

 

Here is the news link...... http://www.patentstorm.us/patents/7565318/fulltext.html

[FulcrumTrader 10]

I am going to give a brief update on this Cumulative Delta news. Just to be clear, there is already an approved patent from the US patent office for TT and what they call the CVD indicator as you can see from the link I provided. The problem for TT with this action is the previous pending patent for Cumulative Delta on file with the US patent office from marketdelta.com (from documented work done PRIOR to Alvin Tanpoco's TT filing information).

 

With Trading Technologies recent Depth Of Market patent legal fight history, the TT "patent grab" maneuver does make some tactical sense to me. I know how powerful the Cumulative Delta can be for tracking the accumulated zones of resting inventory initiated by commercials. TT knows the potential uses of this exceptional parsed volume study, and they want to attempt controlling interest over the Cumulative Delta use and availability going forward imo. I do not agree with the action TT has advanced with their patent filing, if they have some clear indications they where not the first to use Cumulative Delta in the public realm.

 

I guess time will tell in the months ahead how any potential legal issues play out with the various companies who all provide solid Cumulative Delta tools. I will also note the obvious, I noticed TT did not file any patents for any MACD, RSI, or TTM Squeeze type indicators!