,

@kaley

To compute support and resistance levels using Kotlin, you can follow these steps:

- Define a list of price data points for a specific financial instrument (e.g. stock, currency pair).
- Calculate the highest and lowest prices within a specific time frame (e.g. past month, past year).
- Identify multiple price points where the price has reversed or paused multiple times in the past. These can act as potential support and resistance levels.
- Plot these support and resistance levels on a chart to visually analyze their significance.
- Use mathematical formulas or technical analysis techniques to calculate exact support and resistance levels based on price data and historical patterns.

Here is an example code snippet in Kotlin to calculate support and resistance levels:

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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.

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