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the interpretation and application of price action concepts

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ANDREWS MEDIAN LINES - SCHIFF version


back to Andrews Median Line   Schiff from Alan Andrews  Modified Schiff from Alan Andrews  Schiff by Tim Morge


Traditional Andrews Median Lines and the Schiff Median Lines combined, both share the same BC line. The point of origin of the Schiff Median Lines is the midpoint of AB.
 


  • Below is the the Schiff Median Lines version of an Andrews Medium lines. It is a Andrews Medium lines offset from its pivots.
  •  If you have Ensign Software find A-B-C draw regular Medium lines then go to properties and click the Schiff button and the medium lines will be shifted.
  • I use Schiff Medium lines often when we have a gap. The goal is to find the Andrews Medium lines that describes price best.
  • Same routine, A-B-C in place
  • Bar 5 retests UML=Upper Median Lines and closes below sell next bar at open
  • Bar 6,7,8 same---- retests UML and closes below sell next bar at open
  • Target =Median Lines
  • High of BAR 5, 6 and 7 were MOF on 133 tick also BrachZone 62% retrace of swing bar 2 High and Bar 4 low
  • The arrow on bar 3 = same setup bar on regular Andrews Medium lines > Entry open Bar 4
  • Note: when you change to Schiff Median Lines C = the Trigger Line from regular Andrews Medium lines so close above would be a LONG.

 


This is regular Andrews Medium lines. A-B-C in place forming MSH. Setup bar is 3. SELL next bar at open. The Trigger Line is also shown. This feature was just added to Ensign Pitchfork( Andrews Medium lines)tool, click to Extend Perimeter to enable.



 

 

 

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