How To Compute Pivot Points in Perl?

by caesar_kertzmann , in category: General Help , 9 months ago

How To Compute Pivot Points in Perl?

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1 answer

Member

by alivia , 9 months ago

@caesar_kertzmann 

To compute pivot points in Perl, you can use the following formula:


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


Support and Resistance levels can then be calculated as follows:


Support 1 (S1) = (P x 2) - High Support 2 (S2) = P - (High - Low) Resistance 1 (R1) = (P x 2) - Low Resistance 2 (R2) = P + (High - Low)


Here is a sample Perl code to compute pivot points:

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use strict;
use warnings;

my $high = 50;
my $low = 40;
my $close = 45;

my $pivot = ($high + $low + $close) / 3;
my $s1 = ($pivot * 2) - $high;
my $s2 = $pivot - ($high - $low);
my $r1 = ($pivot * 2) - $low;
my $r2 = $pivot + ($high - $low);

print "Pivot Point (P): $pivot
";
print "Support 1 (S1): $s1
";
print "Support 2 (S2): $s2
";
print "Resistance 1 (R1): $r1
";
print "Resistance 2 (R2): $r2
";


You can modify the values for high, low, and close variables in the code to calculate pivot points for different data points.