Mikula Forecasting Company

MarketWarrior Super-Pitchfork

The MarketWarrior program can draw the Super-Pitchfork as seen in the book "The Best Trendline Methods of Alan Andrews and Five New Trendline Techniques" The chart below shows the Super-Pitchfork applied to a 10 minute chart for the DJIA. The Super-Pitchfork starts as a normal Andrews pitchfork but then adds a series of Action Reaction lines. The Action Reaction lines are the dotted yellow and dotted aqua colored lines. Together these Action Reaction lines and the Pitchfork make the Super-Pitchfork. The 3 points used to draw the Super-Pitchfork are labeled A, B and C. On the chart below the arrows labeled 1, 2, 3, 4, 5, 6, 7 and 8 mark points where pivots occurred on a line drawn by the Super-Pitchfork.

MarketWarrior can also draw the 50% Pitchfork as seen in the book "The Best Trendline Methods of Alan Andrews and Five New Trendline Techniques". The 50% pitchfork is the best pitchfork for markets which are moving sideways or have a mild slope. The chart below shows the 50% Pitchfork on interest rates. The market often makes pivots around line intersections. Usually the Super-Pitchfork or the 50% Pitchfork will work to help find market pivots.