Instant Pitchfork for MT5
- Göstergeler
- Part-time Day Trader
- Sürüm: 4.0
- Güncellendi: 12 Nisan 2026
- Etkinleştirmeler: 15
This tool is designed for traders who want fast, accurate pitchfork structures for planning entries, stops, and targets.
Click any pitchfork anchor on the chart and the indicator instantly draws the correct Andrews’ Pitchfork from that anchor.
Click the same anchor again to cycle through Andrews’, Schiff, and Modified Schiff modes, allowing you to find the best-fitting structure in seconds.
The tool works on any symbol and any timeframe.
Who this tool is for
- Traders who use market structure to guide trade setups
- Traders who want to test and compare different Pitchfork structures quickly
- Scalpers, day traders, and swing traders who use Andrews Pitchfork analysis
Features
- One-click drawing - Draw a correctly placed pitchfork structure with a single click.
- Instant mode switching - Toggle instantly between Standard, Schiff, and Modified Schiff modes.
- Optional fourth mode - Enable a fourth pitchfork mode in the inputs.
- Directional bias display - Show only upward or downward pitchforks for directional-bias trading.
Quick Manual
1. Attach the indicator to a clean chart.
2. Valid anchor points are automatically detected and marked.
3. Click an anchor to draw a pitchfork.
4. Click the same anchor again to switch pitchfork mode.
5. Use the bias button to display only bullish or bearish structures when trading with a directional bias.
P2 Shift — Optional Fourth Mode
An optional fourth Pitchfork mode is also included: P2 Shift.
This mode is unique to the indicator. It works much like Schiff mode, but instead of shifting P0 halfway toward P1, it shifts P0 directly to the P2 level. This can help produce a better-fitting structure during extended trends.
Since P2 Shift is not part of the original Andrews Pitchfork rules, it can be turned off in the input settings.
Tips, Notes, and Limitations
Pitchforks remain fixed and do not repaint when changing timeframes.
If no anchor appears on the current timeframe, or no suitable pitchfork structure is found, try switching to a lower or higher timeframe and then return to your original chart.
Drawn pitchforks cannot be deleted directly. To remove existing pitchfork structures, simply toggle the bias button.
This tool is not supported in the Strategy Tester.
