. . .more on Formulas 

. . . more on Charts 

Above is a Daily Chart of the ES.  Andrew's pitchfork is drawn from a significant high, and intersects a line connecting a following significant high and low.  The pitchfork is drawn using the preferences below.

. . . more on Preferences 

• Handle - Starting Date/Time, color, width, and style of the handle of the fork.

• High Fork - Starting Date/Time, color, width, and style of the higher fork tine.

• Low Fork - Starting Date/Time, color, width, and style of the higher fork tine.

• Draw Additional Tines - This option allows the drawing of multiple additional tines.  

• Tine Multiple(s) - Each multiple represents a multiple of the distance from the base trendline to the standard tines.  By definition, the standard tines will be drawn at a multiple of 1.  If you would like to add two additional tines on each side, equally spaced, then you would specify "2, 3" as the tine multiples.  The multiples can be separated by a comma or a space and they may be whole or decimal numbers.

• Schiff - Schiff Pitchfork are very similar to Andrew's Pitchforks in every way except the placement of the handle (see description below)

• Modified Schiff - Modified Schiff Pitchfork are very similar to Andrew's Pitchforks in every way except the placement of the handle (see description below)

• Hide Andrew's - Option to hide the Andrew's Pitchfork when showing the Schiff or Modified Schiff Pitchforks..

The first trendline begins at the left-most point selected (either a major peak or trough) and is drawn so it passes directly between the two right-most points. This line is the "handle" of the pitchfork. The second and third trendlines are then drawn beginning at the two right-most points (a major peak and a major trough) and are drawn parallel to the first line. These lines are the "tines" of the pitchfork.

Additional tines may be added to the Pitchfork by checking the "Draw Additional Tines" checkbox and by specifying the multiple(s) in the "Tine Multiple(s)" checkbox.  Each multiple represents a multiple of the distance from the base trendline to the standard tines.  By definition, the standard tines will be drawn at a multiple of 1.  If you would like to add two additional tines on each side, equally spaced, then you would specify "2, 3" as the tine multiples.  The multiples can be separated by a comma or a space and they may be whole or decimal numbers.

Andrew's Pitchfork can be quickly added to a chart by first clicking on the Pitchfork button in the charting toolbar.  Then, click three times in the chart, first on the bar on which the pitchfork handle should begin, second, on the bar where the high tine should begin, and third on the bar where the low tine should begin.  Any of these three points on the pitchfork may then be adjusted by simply clicking on the point, and then clicking on the bar to which you would like that point moved.

Schiff Pitchfork are very similar to Andrew's Pitchforks in every way except the placement of the handle.  The chart below shows the handle position labelled A.

The Schiff pitchfork moves the handle instead to the midpoint between the handle (point A) and the base of the tine furthest removed from point A (point B).  The Schiff pitchfork can be seen below in blue.  Notice A-B is drawn as a dotted line.

The Modified Schiff Pitchfork similarly adjust it's handle, keeping the same horizontal (datetime) position as the original Andrew's Pitchfork handle (point A in chart above), but adjust the vertical position to half the vertical distance between points A and B.