How To Compute Pivot Points VB.NET?

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

How To Compute Pivot Points VB.NET?

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1 answer

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by bertha , a month ago

@julio 

To compute pivot points in VB.NET, you can use the following formula:


Pivot Point (P) = (High + Low + Close) / 3


Support 1 (S1) = (2 * P) - High


Support 2 (S2) = P - (High - Low)


Resistance 1 (R1) = (2 * P) - Low


Resistance 2 (R2) = P + (High - Low)


Here is an example code in VB.NET to calculate pivot points:

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Module Module1

    Sub Main()
        Dim high As Double = 50.25
        Dim low As Double = 48.75
        Dim closePrice As Double = 49.50

        Dim pivotPoint As Double = (high + low + closePrice) / 3
        Dim support1 As Double = (2 * pivotPoint) - high
        Dim support2 As Double = pivotPoint - (high - low)
        Dim resistance1 As Double = (2 * pivotPoint) - low
        Dim resistance2 As Double = pivotPoint + (high - low)

        Console.WriteLine("Pivot Point: " & pivotPoint)
        Console.WriteLine("Support 1: " & support1)
        Console.WriteLine("Support 2: " & support2)
        Console.WriteLine("Resistance 1: " & resistance1)
        Console.WriteLine("Resistance 2: " & resistance2)

    End Sub

End Module


You can modify the values of high, low, and closePrice variables according to your data and run the code to compute pivot points in VB.NET.