@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);
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By following these steps, you can compute Fibonacci retracement levels using Java for technical analysis in financial markets.