How To Compute Pivot Points in Lua?

, in category: Technical Analysis , 5 months ago

How To Compute Pivot Points in Lua?

, 5 months ago

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

Pivot Point (P) = (High + Low + Close) / 3 Support 1 (S1) = (2P) - High Support 2 (S2) = P - (High - Low) Resistance 1 (R1) = (2P) - Low Resistance 2 (R2) = P + (High - Low)

Here is a simple Lua function that computes pivot points based on the above formula:

 ``` 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 ``` ```function calculatePivotPoints(high, low, close) local pivotPoint = (high + low + close) / 3 local support1 = (2 * pivotPoint) - high local support2 = pivotPoint - (high - low) local resistance1 = (2 * pivotPoint) - low local resistance2 = pivotPoint + (high - low) return pivotPoint, support1, support2, resistance1, resistance2 end -- Example usage local high = 100 local low = 90 local close = 95 local pivotPoint, support1, support2, resistance1, resistance2 = calculatePivotPoints(high, low, close) print("Pivot Point: " .. pivotPoint) print("Support 1: " .. support1) print("Support 2: " .. support2) print("Resistance 1: " .. resistance1) print("Resistance 2: " .. resistance2) ```

You can input your own values for the high, low, and close prices and call the `calculatePivotPoints` function to get the pivot points, support levels, and resistance levels.

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by patricia , 3 months ago