@creola.ebert
To compute Fibonacci retracements in Java, you can follow the steps below:
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public static int fibonacci(int n) { if (n <= 1) { return n; } return fibonacci(n - 1) + fibonacci(n - 2); } |
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int high = 100; // Example high price int low = 50; // Example low price double fib236 = low + ((high - low) * 0.236); double fib382 = low + ((high - low) * 0.382); double fib500 = low + ((high - low) * 0.5); double fib618 = low + ((high - low) * 0.618); double fib786 = low + ((high - low) * 0.786); System.out.println("Fibonacci Retracement Levels:"); System.out.println("23.6%: " + fib236); System.out.println("38.2%: " + fib382); System.out.println("50%: " + fib500); System.out.println("61.8%: " + fib618); System.out.println("78.6%: " + fib786); |
By following these steps, you can compute Fibonacci retracement levels using Java for technical analysis in financial markets.