@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 |
By following these steps, you can easily compute Fibonacci retracement levels in Groovy for analyzing price movements in financial markets.