OPEN-SOURCE SCRIPT

Auto-Anchored Pitchfork PRO [Point algo]

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Auto-Anchored Pitchfork PRO

Auto-Anchored Pitchfork PRO automatically detects swing pivots and builds an Andrew’s Pitchfork structure without manual anchor selection. The script dynamically updates as new pivots form and supports multiple pitchfork variants.

Designed for traders who use market geometry and median line theory.

Core Features
1. Automatic Pivot Detection
  • Uses configurable pivot lookback
  • Continuously tracks recent swing highs and lows
  • Builds pitchfork from the latest valid A-B-C structure

2. Fork Variants Supported
  • Original Pitchfork
  • Schiff
  • Modified Schiff

Handle placement adjusts automatically depending on selected variant.
3.Projection Engine
  • Extends fork lines forward by user-defined projection bars
  • Width multiplier allows channel expansion or contraction


Geometry Components:
The script plots:
  • Median Line (Handle → midpoint of B-C)
  • Upper & Lower Parallel Lines
  • Base Line (B → C)
  • Optional Quartile Lines (0.5 levels)
  • Optional Warning Lines (1x outside fork)
  • Optional Trigger Lines (Handle → B and Handle → C)

A, B, and C pivot points are labeled automatically.

Alerts:
Optional alert conditions include:
  • Touch Median (ATR tolerance based)
  • Touch Upper / Lower
  • Cross Above / Below Median
  • Break Above Upper / Below Lower

Tolerance is configurable using ATR-based distance.

Inputs :
  • Pivot Lookback
  • Fork Variant
  • Projection Length
  • Width Multiplier
  • Quartile / Warning / Trigger toggles
  • ATR Length and Touch Tolerance

All parameters are adjustable.

Notes:
Pitchforks update when new pivots are confirmed.

Disclaimer:
Signals and alerts are informational only.
This script does not provide financial advice.
Users should test thoroughly before applying in live markets.

免责声明

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