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the interpretation and application of price action concepts

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ANDREWS PITCHFORK


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The Andrews Pitchfork was created by Alan Andrews. 

The Pitchfork can be either up sloping or down sloping.

To construct the basic Andrews Pitchfork choose two alternating swing high/low pivots labeled B and C.

Below example of upwards Andrews Pitchfork is created connecting Swing Low Pivot B with Swing High Pivot C.

Next, construct the Median Line connecting midpoint of BC with a third pivot. This pivot usually immediately proceeds price swing BC but it can be any pivot proceeding BC.

The upper Median Line is construction drawing a line from Swing High Pivot C parallel to the Median Line. 

The lower Median Line is constructed drawing a line from Swing Low Pivot B parallel to the Median Line.

"Trigger Lines can be constructed connecting AC and BC. These were used by Andrews. The name "Trigger Line" is not he naming.

 

 

 
upwards sloping Andrews Pitchfork
 
downwards sloping Andrews Pitchfork
 

 

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