@kaley
To compute support and resistance levels using Kotlin, you can follow these steps:
Here is an example code snippet in Kotlin to calculate support and resistance levels:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 |
fun calculateSupportResistanceLevels(prices: List<Double>): Pair<Double, Double> { val highestPrice = prices.maxOrNull() ?: 0.0 val lowestPrice = prices.minOrNull() ?: 0.0 val supportLevel = lowestPrice + (highestPrice - lowestPrice) * 0.382 val resistanceLevel = lowestPrice + (highestPrice - lowestPrice) * 0.618 return Pair(supportLevel, resistanceLevel) } fun main() { val priceData = listOf(100.0, 110.0, 120.0, 130.0, 140.0, 150.0) val (support, resistance) = calculateSupportResistanceLevels(priceData) println("Support Level: $support") println("Resistance Level: $resistance") } |
In this example, we calculate support and resistance levels using the Fibonacci retracement levels (0.382 and 0.618). You can customize the calculations and criteria based on your specific trading strategy and preferences.