The right Schiff Pitchfork - Correct Settings.

22. Jan. 2022

Chart must be on log and set the value on the day timeframe. Use magnetic tool


Comment: Points for Schiff Pitchfork .
Low of Jan 12 2015
High of March 10 2015
Low of August 17 2015


Go to this date and use the magnetic tool to place the pitchfork values in the order I mentioned. In style settings, at the bottom, set the type to "Original".




Comment: Pitchfork Fib Values

.25Blue
.5 Green
.75 Grey
1 light Purple
1.75pink
3.618 RED
4.618 dark purple

22. Jan. 2022

Anmerkung

I suppose I will mention to, because I brought up the 5.618 in the video. The values I use, I have been using for a while. I haven't ever used the 5.618 for my pitchforks, I was just curious as I was making the video. I like not always having what I will do planned. I think it makes the analysis more authentic and better in a sense. Or at least from the perspective of communicating what you are looking at or what you look for when analyzing.

I had these values from my last pitchfork that the trend started in 2019 I believe. That one fell out of its trend a while ago though, so I wanted a new one and found this. Anyway, I didn't want to give them impression I edited anything to make it look like how I may have wanted. I think when people do that it often deviates from what the actual trend is.