@clarabelle
Fibonacci retracements are a popular tool used in technical analysis to identify potential levels of support and resistance in financial markets. In Groovy, you can compute Fibonacci retracements by following these steps:
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def fibRetracement = { high, low ->
def levels = [0.236, 0.382, 0.5, 0.618, 1.0]
def fibLevels = levels.collect { it * (high - low) + low }
return fibLevels
}
// Example usage
def high = 100
def low = 50
def retracementLevels = fibRetracement(high, low)
println retracementLevels
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By following these steps, you can easily compute Fibonacci retracement levels in Groovy for analyzing price movements in financial markets.