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@morton

To calculate Fibonacci retracements in VB.NET, you can use the following formula:

- Determine the highest point (A) and lowest point (B) of the price movement you want to analyze.
- Calculate the difference between point A and point B. This is the total price movement.
- Calculate the Fibonacci retracement levels by multiplying the total price movement by the following ratios:

- 23.6% = total movement * 0.236
- 38.2% = total movement * 0.382
- 61.8% = total movement * 0.618

- Add or subtract the calculated retracement levels from point A to get the Fibonacci retracement levels.

Here is an example code snippet in VB.NET for calculating Fibonacci retracements:

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Dim highestPoint As Double = 100 Dim lowestPoint As Double = 50 Dim totalMovement As Double = highestPoint - lowestPoint Dim fib236 As Double = totalMovement * 0.236 Dim fib382 As Double = totalMovement * 0.382 Dim fib618 As Double = totalMovement * 0.618 Dim fib236Retracement As Double = highestPoint - fib236 Dim fib382Retracement As Double = highestPoint - fib382 Dim fib618Retracement As Double = highestPoint - fib618 Console.WriteLine("23.6% Fibonacci Retracement Level: " & fib236Retracement) Console.WriteLine("38.2% Fibonacci Retracement Level: " & fib382Retracement) Console.WriteLine("61.8% Fibonacci Retracement Level: " & fib618Retracement) |

You can customize the code above by inputting your own highest and lowest points and adjust the Fibonacci ratios as needed.

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