How To Compute Fibonacci Retracements using Scala?

by creola.ebert , in category: SEO Tools , a month ago

How To Compute Fibonacci Retracements using Scala?

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1 answer

by june.crooks , a month ago

@creola.ebert 

To compute Fibonacci retracements in Scala, you can use the following code snippet:

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object FibonacciRetracements {

  def main(args: Array[String]): Unit = {
    val low = 100 // low point of price range
    val high = 200 // high point of price range

    val retracementLevels = List(0.236, 0.382, 0.5, 0.618, 0.786) // Fibonacci retracement levels

    val range = high - low
    val fibonacciRetracements = retracementLevels.map(level => low + range * level)

    println("Fibonacci retracement levels:")
    fibonacciRetracements.foreach(println)
  }

}


In this code, we define a list of Fibonacci retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) and calculate the retracement levels based on the low and high points of a price range. We then iterate over the list of retracement levels and print out the calculated Fibonacci retracement levels.


You can run this code in a Scala environment to compute Fibonacci retracements for a given price range.