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Created page with "'''Schiff Pitchfork''' is a technical analysis tool derived from Andrews' Pitchfork. As Andrews' Pitchfork it is composed of 3 trendlines (centerline/handle and 2 tines ab..."
'''Schiff Pitchfork''' is a technical analysis tool derived from [[Andrews' Pitchfork]]. As Andrews' Pitchfork it is composed of 3 trendlines (centerline/handle and 2 tines above and below it). The difference from the standard pitchfork is in the origin’s location: 1/2 the vertical distance and 1/2 the horizontal distance between the high and low points (first two points set).
By default Schiff Pitchfork in MultiCharts is created with 2 additional tines. That is possible to add up to 12 sets of tines at the user defined distance from the centerline.
== Inserting Schiff Pitchfork ==
# Select one of three ways to insert Schiff Pitchfork:
#* In the menu select '''Insert''', point to '''Drawing''' and click '''Schiff Pitchfork'''.
#* Click the '''Schiff Pitchfork''' [[File:Drawing_Schiff Pitchfork.png]] icon on the '''Drawing''' toolbar.
#* Click the arrow next to the '''Drawing Tools''' [[File:Show Hide Drawing Tools.png]] icon on the '''Main''' toolbar and select '''Schiff Pitchfork''' from the menu.
# The cursor will change to the '''Pitchfork''' [[File:APF_pointer.gif]] .
# In the Chart Area click where the pitchfork's handle is to begin.
# In the Chart Area click where the first tine is to begin.
# In the Chart Area click where the second tine is to begin.
<br>
== Moving Schiff Pitchfork ==
To move Schiff Pitchfork without changing its shape:
# Drag the cursor to Schiff Pitchfork that is to be moved.
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]].
# Then keeping the left mouse button pressed drag the drawing tool to the desired position.
# Release the button.
<br>
== Reshaping Schiff Pitchfork ==
To reshape Schiff Pitchfork (change its direction or the distance between its tines):
# Drag the cursor to Schiff Pitchfork that is to be reshaped.
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]].
# Left-click Schiff Pitchfork and 3 small squares will appear at the handle and the tines of the pitchfork.
# Drag one of these squares till the drawing tool becomes of the desired shape.
# Release the button.
<br>
== Formatting Schiff Pitchfork ==
In MultiCharts one can change the settings of Schiff Pitchfork. All the changes are performed in the '''Format Schiff Pitchfork''' window.
Each instance of a Schiff pitchfork has its own '''Format''' window. The number (if there are 2 or more Schiff pitchforks in the same Chart Window) are shown in the titlebar of each '''Format Schiff Pitchfork''' window.
One can change the settings of Schiff Pitchfork: the color, style and weight of the handle, base and the tines. One can choose any element of the pitchfork to be displayed or hidden. It is also possible to change the time and price coordinates of Schiff Pitchfork.
<br>
=== Setting Style ===
# Access the '''Format Schiff Pitchfork''' window.
#: To access the '''Format Schiff Pitchfork''' window:
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click.
#:: Or
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.
#:# Select '''Format 'Schiff Pitchfork'…''' from the shortcut menu.
#:: Or
#:# In the '''Format Objects''' window select the '''Drawings''' tab.
#:# Select the Schiff pitchfork that is to be formatted and press the '''Format…''' button.
# Select the '''Data''' tab.
# To display or hide any elements of the pitchfork check or uncheck the '''Handle''', '''Base''', '''Tine 1''' or '''Tine 2''' check boxes.
# In the '''Color''' column, using the drop-down lists, select any of the preset 40 colors for the handle, base and tines or click the '''Other…''' button to select the custom colors.
# In the '''Style''' column, using the drop-down lists, select the desired styles for the handle, base and tines.
# In the '''Weight''' column, using the drop-down lists, select the desired weights for the handle, base and tines.
# Check the '''Use as Default''' check box to use these settings as the default settings when creating other Schiff Pitchforks.
# Click '''OK'''.
<br>
=== Setting Coordinates Precisely ===
# Access the '''Format Schiff Pitchfork''' window.
#: To access the '''Format Schiff Pitchfork''' window:
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click.
#:: Or
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.
#:# Select '''Format 'Schiff Pitchfork'…''' from the shortcut menu.
#:: Or
#:# In the '''Format Objects''' window select the '''Drawings''' tab.
#:# Select the Schiff Pitchfork that is to be formatted and press the '''Format…''' button.
# Select the '''Properties''' tab.
# In the '''Coordinates''' section enter the desired time coordinates in the '''Handle Date''', '''Tine 1 Date''' and '''Tine 2 Date''' fields or use the drop-down calendars.
# In the '''Coordinates''' section enter the desired price coordinates in the '''Handle Value''', '''Tine 1 Value''' and '''Tine 2 Value''' fields.
# Click '''OK'''.
<br>
== Cloning Schiff Pitchfork ==
To clone an Schiff Pitchfork:
# Drag the cursor to the Schiff pitchfork that is to be cloned.
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.
# Select '''Clone Drawing''' from the shortcut menu.
<br>
[[Category:Drawing_Tools]]
By default Schiff Pitchfork in MultiCharts is created with 2 additional tines. That is possible to add up to 12 sets of tines at the user defined distance from the centerline.
== Inserting Schiff Pitchfork ==
# Select one of three ways to insert Schiff Pitchfork:
#* In the menu select '''Insert''', point to '''Drawing''' and click '''Schiff Pitchfork'''.
#* Click the '''Schiff Pitchfork''' [[File:Drawing_Schiff Pitchfork.png]] icon on the '''Drawing''' toolbar.
#* Click the arrow next to the '''Drawing Tools''' [[File:Show Hide Drawing Tools.png]] icon on the '''Main''' toolbar and select '''Schiff Pitchfork''' from the menu.
# The cursor will change to the '''Pitchfork''' [[File:APF_pointer.gif]] .
# In the Chart Area click where the pitchfork's handle is to begin.
# In the Chart Area click where the first tine is to begin.
# In the Chart Area click where the second tine is to begin.
<br>
== Moving Schiff Pitchfork ==
To move Schiff Pitchfork without changing its shape:
# Drag the cursor to Schiff Pitchfork that is to be moved.
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]].
# Then keeping the left mouse button pressed drag the drawing tool to the desired position.
# Release the button.
<br>
== Reshaping Schiff Pitchfork ==
To reshape Schiff Pitchfork (change its direction or the distance between its tines):
# Drag the cursor to Schiff Pitchfork that is to be reshaped.
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]].
# Left-click Schiff Pitchfork and 3 small squares will appear at the handle and the tines of the pitchfork.
# Drag one of these squares till the drawing tool becomes of the desired shape.
# Release the button.
<br>
== Formatting Schiff Pitchfork ==
In MultiCharts one can change the settings of Schiff Pitchfork. All the changes are performed in the '''Format Schiff Pitchfork''' window.
Each instance of a Schiff pitchfork has its own '''Format''' window. The number (if there are 2 or more Schiff pitchforks in the same Chart Window) are shown in the titlebar of each '''Format Schiff Pitchfork''' window.
One can change the settings of Schiff Pitchfork: the color, style and weight of the handle, base and the tines. One can choose any element of the pitchfork to be displayed or hidden. It is also possible to change the time and price coordinates of Schiff Pitchfork.
<br>
=== Setting Style ===
# Access the '''Format Schiff Pitchfork''' window.
#: To access the '''Format Schiff Pitchfork''' window:
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click.
#:: Or
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.
#:# Select '''Format 'Schiff Pitchfork'…''' from the shortcut menu.
#:: Or
#:# In the '''Format Objects''' window select the '''Drawings''' tab.
#:# Select the Schiff pitchfork that is to be formatted and press the '''Format…''' button.
# Select the '''Data''' tab.
# To display or hide any elements of the pitchfork check or uncheck the '''Handle''', '''Base''', '''Tine 1''' or '''Tine 2''' check boxes.
# In the '''Color''' column, using the drop-down lists, select any of the preset 40 colors for the handle, base and tines or click the '''Other…''' button to select the custom colors.
# In the '''Style''' column, using the drop-down lists, select the desired styles for the handle, base and tines.
# In the '''Weight''' column, using the drop-down lists, select the desired weights for the handle, base and tines.
# Check the '''Use as Default''' check box to use these settings as the default settings when creating other Schiff Pitchforks.
# Click '''OK'''.
<br>
=== Setting Coordinates Precisely ===
# Access the '''Format Schiff Pitchfork''' window.
#: To access the '''Format Schiff Pitchfork''' window:
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click.
#:: Or
#:# Drag the cursor to the Schiff pitchfork that is to be formatted.
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.
#:# Select '''Format 'Schiff Pitchfork'…''' from the shortcut menu.
#:: Or
#:# In the '''Format Objects''' window select the '''Drawings''' tab.
#:# Select the Schiff Pitchfork that is to be formatted and press the '''Format…''' button.
# Select the '''Properties''' tab.
# In the '''Coordinates''' section enter the desired time coordinates in the '''Handle Date''', '''Tine 1 Date''' and '''Tine 2 Date''' fields or use the drop-down calendars.
# In the '''Coordinates''' section enter the desired price coordinates in the '''Handle Value''', '''Tine 1 Value''' and '''Tine 2 Value''' fields.
# Click '''OK'''.
<br>
== Cloning Schiff Pitchfork ==
To clone an Schiff Pitchfork:
# Drag the cursor to the Schiff pitchfork that is to be cloned.
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.
# Select '''Clone Drawing''' from the shortcut menu.
<br>
[[Category:Drawing_Tools]]
