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Leveraging the Observer Pattern for Stock Price Updates in Applications

The Observer Pattern facilitates a one-to-many relationship between objects, enabling automatic notifications to multiple observers when the state of an observable changes. In the context of stock market applications, a server monitors stock prices and informs various display boards, websites, and mobile apps of updates. This design enhances loose coupling and adheres to object-oriented principles, minimizing dependencies and simplifying future modifications. The Observer Pattern is essential in frameworks like Java Swing and RMI, effectively managing real-time data updates throughout different platforms.

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Leveraging the Observer Pattern for Stock Price Updates in Applications

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  1. DESIGN PATTENS- OBSERVER PATTERN By, SrinivasReddy.S www.JAVA9S.com

  2. A Simple Requirement Display Boards Websites Mobile apps www.JAVA9S.com

  3. A Simple Requirement.. • Stock Market • An application in the server monitors and gathers information related to Stock prices. • The changed stock prices should be informed to different parties like stock market display boards, mobile apps, websites etc., www.JAVA9S.com

  4. observable observers www.JAVA9S.com

  5. stockPricesChanged() stockPricesChanged(){ mobileDisplay.update(stockUpdates); stockBoardDisplay.update(stockUpdates); webdisplay.update(stockUpdates); } What if there are few more observers to be added? Violates the OO principles – Less dependency Less number of changes www.JAVA9S.com

  6. StockBoard Mobile Stock Update WEBSITE OTHER One to Many Relationship www.JAVA9S.com

  7. OBSERVER PATTERN • OBSERVER PATTERN defines one to many relationship between the objects. • When the state of the Observable object changes, all the observers will notified and updated automatically. www.JAVA9S.com

  8. Design – Observer pattern Collection of Observers Instance variable www.JAVA9S.com

  9. Design – Observer pattern - example www.JAVA9S.com

  10. Pull and Push model Stock Update Push model Update(Observable o, Map stocks) StockBoard Pull model update() *The observer should have a reference to Observable www.JAVA9S.com

  11. Code – Example www.JAVA9S.com

  12. Java's build in Observer pattern • java.util.Observable • java.util.Observer A concrete class An Interface • Issues: • Observable is a concrete class and due to • which the class which has the state will not have a chance • to have inheritance of its own. • Well know usage: • Java Swing • Java RMI www.JAVA9S.com

  13. Object Oriented Principles applied • Loose coupling between the Observer and Observable. • Programming to Interfaces. • Examples of Observer Pattern • Swing event listeners • Java RMI www.JAVA9S.com

  14. Thank you Thank you www.JAVA9S.com @java9s Pages - Java9s.com JAVA9S www.JAVA9S.com

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