How To Compute Pivot Points VB.NET?
1 answer
by
bertha ,
10 months 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
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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.
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