How To Compute Pivot Points using Julia?

by garnet.barrows , in category: Technology , 7 months ago

How To Compute Pivot Points using Julia?

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1 answer

by oda.tromp , 7 months ago

@garnet.barrows 

To compute pivot points using Julia, you can use the following code snippet:

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function pivot_points(high, low, close)
    pivot = (high + low + close) / 3
    s1 = (2 * pivot) - high
    s2 = pivot - (high - low)
    r1 = (2 * pivot) - low
    r2 = pivot + (high - low)
    
    return pivot, s1, s2, r1, r2
end

# Example usage
high = 100
low = 90
close = 95

pivot, s1, s2, r1, r2 = pivot_points(high, low, close)

println("Pivot Point: ", pivot)
println("Support 1: ", s1)
println("Support 2: ", s2)
println("Resistance 1: ", r1)
println("Resistance 2: ", r2)


You can input the high, low, and close prices for a specific period, and the pivot_points function will calculate the pivot point, support levels (S1 and S2), and resistance levels (R1 and R2). The function will return these values, and you can then print or use them as needed.