How To Compute Fibonacci Retracements using Fortran?

by cameron_walter , in category: SEO Tools , a month ago

How To Compute Fibonacci Retracements using Fortran?

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1 answer

by aniyah.green , a month ago

@cameron_walter 

To compute Fibonacci retracements in Fortran, you can use the following program. This program takes the highest and lowest prices of a stock as input and calculates the Fibonacci retracement levels at 23.6%, 38.2%, 50%, and 61.8% using the following formula:


Fibonacci Retracement Level = (High Price - Low Price) * Fibonacci Ratio + Low Price


Here's the Fortran program:

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program fibonacci_retracements
    real :: high_price, low_price
    real :: fibonacci_levels(4) = (/ 0.236, 0.382, 0.5, 0.618 /)
    
    print *, "Enter the highest price of the stock: "
    read *, high_price
    print *, "Enter the lowest price of the stock: "
    read *, low_price
    
    print *, "Fibonacci Retracement Levels:"
    do i = 1, 4
        print *, "Level ", fibonacci_levels(i), ": ", (high_price - low_price) * fibonacci_levels(i) + low_price
    end do

end program fibonacci_retracements


You can compile and run this program using a Fortran compiler. Simply enter the highest and lowest prices of the stock when prompted, and the program will output the Fibonacci retracement levels at 23.6%, 38.2%, 50%, and 61.8%.


You can customize this program further by adding more Fibonacci retracement levels or modifying the formula to suit your needs.