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Fork |
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Andrews' Pitchfork was developed by Alan Andrews. Create a line (A-B) connecting a major top and bottom, and then click on a third point (C). This will create the lines A, B and C shown on the chart to the right. You have the option of displaying extra lines that show an inside retracement of 38.2% and 61.8% of (A-B) as well as 3 expansions lines from A and B using expansions of 38.2%, 50% and 61.8%.
The Fork Parameters window allows you to change color and line thickness and which lines to display. |
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Last updated:
February 15, 2002
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