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Andrews Pitchfork (Median Line)

  • #5,221
  • Jul 4, 2012 7:04am Jul 4, 2012 7:04am
What other variations of the pitchfork are there other than the schiff, modified schiff, and catalin?
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,222
  • Jul 7, 2012 11:35pm Jul 7, 2012 11:35pm
Quoting gallardo
HI
i think u use indicator for draw this fork in this pic
it's indicator or hand draw
tnk srhttp://www.forexfactory.com/attachme...1&d=1340037089
Yeah that's pitchfork indicator looks interesting accurate bro. im try put andrew pitchfork
Quote
H4 EURUSD
http://www.forexfactory.com/attachme...1&d=1341729206
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  • #5,223
  • Jul 8, 2012 1:49pm Jul 8, 2012 1:49pm
Let's see what she does....
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,224
  • Jul 8, 2012 9:28pm Jul 8, 2012 9:28pm
Lots of confluence on gbp/usd 4hr..

http://screencast.com/t/idj7t0BhXcRG

http://screencast.com/t/MOHvKodo
  • #5,225
  • Jul 8, 2012 9:29pm Jul 8, 2012 9:29pm
Quoting kapital
Let's see what she does....

how is the p0 pivot for that fork valid?..
  • #5,226
  • Jul 9, 2012 2:40am Jul 9, 2012 2:40am
.
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  • #5,227
  • Jul 9, 2012 2:20pm Jul 9, 2012 2:20pm
Quoting kapital
What other variations of the pitchfork are there other than the schiff, modified schiff, and catalin?
An interesting question, Kapital. The schiff median line was the work of one of Dr. Andrews student, Jeremy Schiff. After some work with the concept, Dr. Andrews found the modified schiff to have a better statistical significance. As for what you call the catalin, truth be told, an alternative "a" point was not his (catalin) original work. Gordon DeRoos (spelling?) has taught similar in his material, but I do not have knowledge as to its true origin. My guess is that the students of Andrews have used similar long before catalin was even born.

This particular thread has some interesting (non traditional) placement of median lines. I would venture a guess that their use does not hold the same weight as those used by Andrews and his students.

AR
  • #5,228
  • Jul 13, 2012 7:32am Jul 13, 2012 7:32am
Quoting big_pipin
how is the p0 pivot for that fork valid?..
In addition to using extreme highs and lows as pivots for a fork,. I also use pivots based on price structure, which won't necessarily be extreme highs and lows. The proof is in the pudding.
Attached Image (click to enlarge)
Click to Enlarge Name: PITCHFORK DRAWINGS 116.GIF Size: 23 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,229
  • Edited 8:32am Jul 13, 2012 7:41am | Edited 8:32am
Quoting ActioReactio
As for what you call the catalin, truth be told, an alternative "a" point was not his (catalin) original work. Gordon DeRoos (spelling?) has taught similar in his material, but I do not have knowledge as to its true origin. My guess is that the students of Andrews have used similar long before catalin was even born.
He may have discovered its use without reading anyone's writing about it. At the end of the day, it is a valid drawing, regardless of its originator.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,230
  • Jul 13, 2012 10:04am Jul 13, 2012 10:04am
Has anyone come across any techniques which predict the areas on a pitchfork price is attracted to? The closest thing I've come across are what Tim Morge calls "energy points" (intersecting lines of opposite slopes).
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,231
  • Jul 13, 2012 7:02pm Jul 13, 2012 7:02pm
Quoting kapital


In addition to using extreme highs and lows as pivots for a fork,. I also use pivots based on price structure, which won't necessarily be extreme highs and lows. The proof is in the pudding.
is that a technique taught by tim or andrews?
  • #5,232
  • Jul 13, 2012 9:44pm Jul 13, 2012 9:44pm
Quoting big_pipin
is that a technique taught by tim or andrews?
not that I'm aware of
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,233
  • Jul 16, 2012 10:43am Jul 16, 2012 10:43am
I understand some of the basic conepts - and I've read though a few hundered posts on this thread, but im still having trouble with the most basic issue...defining what qualifies as a pivot. Simply marking HH and LL creates alot of noise, and it seems the way I'm selecting the right HH and LL is subjective at best.

there was a link to a another thread with a video on the basics, but it was a broken link.
  • #5,234
  • Jul 18, 2012 2:17pm Jul 18, 2012 2:17pm
Himmel,

In my mind, a swing high or swing low (making an assumption this is where you were headed by mentioning higher highs and lower lows), is very different than a pivot. Not having a frame work for what qualifies as each would leave anyone scratching their head.

With that, grab a chart (and maybe a cup of your favorite coffee) and explain what it is you understand about pivots, swing highs/low and even higher/lower highs and higher/lower lows. It is easier to have a discussion when the variables are defined.

fwiw,

xt
  • #5,235
  • Jul 18, 2012 11:04pm Jul 18, 2012 11:04pm
Thanks for the response!

Its intresting you mention that, I was thinking along similar lines(although, without the coffee...I drink to much as it is.) I've briefly annotated a chart with my precieved definitions.

I think im looking at this from a more litteral definition:

Higher highs, each bar has a high above the previous high(versus using the close to define higher highs).

Lower lows, each bar has a low above the previous low(versus using the close to define lower lows).

Swing Highs, when the 'direction of price changes' as evidenced by more lower lows then higher highs.

Swing lows, when the direction changes as evidenced by more higher highs then lower lows.

The higher and lower swings are defined as being below the previous high and low respectively.

And thats my basic understanding (feel free to humble me, im here to learn )

I find it more or less easy to curve fit pitchforks on previous data(as always), but much harder and with much less accuracy doing it on real-time data. Mainly because defining swing highs and lows as the market is unfolding is not clear cut - but this is a result of the method im using to build swing highs and lows. The problem is I dont think this is correct, or at least its incredibly subjective doing it this way. And also, I feel this would lag behind the market by at least 2-3 swings - as this would need to be confirmed before they could be of any use.


Quoting xtsunami
Himmel,

In my mind, a swing high or swing low (making an assumption this is where you were headed by mentioning higher highs and lower lows), is very different than a pivot. Not having a frame work for what qualifies as each would leave anyone scratching their head.

With that, grab a chart (and maybe a cup of your favorite coffee) and explain what it is you understand about pivots, swing highs/low and even higher/lower highs and higher/lower lows. It is easier to have a discussion when the variables are defined.

fwiw,

xt
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  • #5,236
  • Jul 21, 2012 1:14pm Jul 21, 2012 1:14pm
...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,237
  • Jul 21, 2012 2:17pm Jul 21, 2012 2:17pm
The modified Schiff by it's nature should hold more significance than any of it's alternative cousins. By focusing on the midpoint of both time and price between points p0 & p1 for a new origination point, you're simultaneously paralleling the original p0 to p2 line. The modified Schiff is basically a projected channel and median from the 1st and 3rd points which include the elements of time/price and well as geometrical structuring.
  • #5,238
  • Edited 5:46pm Jul 21, 2012 4:06pm | Edited 5:46pm
Quoting wallet
The modified Schiff by it's nature should hold more significance than any of it's alternative cousins.
That is true because it, and to a lesser degree the regular schiff, are the only known variations of a median line known by most traders.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,239
  • Jul 21, 2012 4:37pm Jul 21, 2012 4:37pm
Fork failures have value too.

Purple lines represent the modified schiff.
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,240
  • Jul 22, 2012 1:45am Jul 22, 2012 1:45am
Here is a followup to this setup:

http://www.forexfactory.com/showthre...10#post5840110
Attached Image (click to enlarge)
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
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