How To Compute Fibonacci Retracements in SQL?

@ashtyn 

To compute Fibonacci retracements in SQL, you can create a SQL query that calculates the retracement levels based on the Fibonacci sequence. Here is an example of how you can do this:

1. First, you need to have a table with the necessary data to calculate the Fibonacci retracements. This table should include the high and low prices for a specific asset or security.
2. Next, you can use the following formula to calculate the retracement levels: Fibonacci Retracement Level = (High Price - Low Price) * Fibonacci Level + Low Price
3. You can create a SQL query that calculates the Fibonacci retracement levels for a specific asset or security. Here is an example of a SQL query that calculates the retracement levels for Fibonacci levels of 38.2%, 50%, and 61.8%:

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WITH fibonacci_levels AS (
    SELECT
        high_price,
        low_price,
        high_price - low_price AS price_range,
        low_price + (price_range * 0.382) AS fibonacci_382,
        low_price + (price_range * 0.5) AS fibonacci_50,
        low_price + (price_range * 0.618) AS fibonacci_618
    FROM
        your_table
)

SELECT
    high_price,
    low_price,
    fibonacci_382 AS fibonacci_382_level,
    fibonacci_50 AS fibonacci_50_level,
    fibonacci_618 AS fibonacci_618_level
FROM
    fibonacci_levels;

1. Replace 'your_table' with the name of your table that contains the high and low prices data for the asset or security.
2. After running this SQL query, you will get a result set that includes the high and low prices, as well as the Fibonacci retracement levels for 38.2%, 50%, and 61.8%.

By following these steps, you can compute Fibonacci retracements in SQL for a specific asset or security.