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Schiff Pitchfork

32 bytes removed, 12:08, 21 June 2018
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'''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.

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