Auto Pitchfork

Category: trend, market_structure

Automatically draws Andrew's Pitchfork and its variations (Schiff, Modified Schiff, Inside) based on the most recent significant fractal pivots.

Formula

Median\_Line = Line(P1, Avg(P2, P3)) \\\\ Upper/Lower\_Bands = Median\_Line \pm (P2 - P3) \cdot Level

Inputs

• Depth (default: 10)
• Type (default: Original)
• Background Transparency (default: 85)
• Extend left (default: false)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.