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Modified Schiff Pitchfork

Shifted origin ×2

The most conservative member of the fork family — the median origin shifts toward the base midpoint in both time and price, producing the flattest, most noise-tolerant channel.

The idea

The Modified Schiff relocates the origin to the midpoint between P0 and the centre of P1–P2, adjusting both the (time) and vertical (price) position. Where the only moves the origin vertically, the Modified variant also pulls it forward in time, giving the gentlest median slope — ideal for ranging, choppy, or mean-reverting conditions.

Origin formula

Base midpoint M

M = ( (P1.x+P2.x)/2, (P1.y+P2.y)/2 )

Shifted origin

( (P0.x+M.x)/2, (P0.y+M.y)/2 ) — both axes

vs. Andrews

origin = P0 (no shift)

vs. Schiff

shifts vertically only; Modified shifts both axes

Anatomy

Origin shifted in time and price toward the P1·P2 midpoint — the flattest slope.

Median line Outer tine Inner level Base P1–P2

Where it sits in the family

Same pivots — Modified Schiff (teal) yields the flattest median.

(red) — steepest; to the original P0.
(yellow) — shift only; intermediate slope.
Modified Schiff (teal) — both- shift; flattest, most conservative.

Construction (3 clicks)

Click P0 → P1 → P2; the origin is then pulled toward the base midpoint automatically.

1
Set P0
Origin pivot (often a significant swing high or low).
2
Set P1
First swing — the origin will shift toward the midpoint of P1/P2.
3
Set P2
Second swing; the fork projects forward.

★

Pro tip:Prefer this variant on choppy, ranging markets where a gentler tracks the mean better than the steeper or Schiff.

Levels & fills

Median at 0%, tines at 100%, inner levels grading the channel.

Inner levels are especially valuable here — because the slope is gentler, price lingers longer within the channel and inner-level reactions are frequent high-quality signals.

How price behaves

Price oscillates between the tines; the gentler median makes mean-reversion trades easier to hold.

The flatter emphasises mean-reversion over trend thrust.
Fade moves at the outer tines back toward the .
A break-and-hold beyond a warns the range is resolving into a trend — switch to Andrews.

A textbook trade setup

Enter at a tine, target the median, stop just beyond the tine.

Wait for price to reach an outer with a rejection candle.
Enter toward the — the flattest slope means the median is closer than it looks.
Place the stop just beyond the .
If the holds, toward the opposite .

Settings reference

Parallel Lines

Number of lines ( + levels + tines).

Multicolor / Fill

Per-line colors and fill .

References

Level %, price tags, angle.

Common pitfalls

Caution:On a strong trending market, the Modified Schiff's gentle slope can make the look flat while price trends cleanly through it. If price doesn't oscillate around the , switch to or Schiff.

References & further reading

1.Modified Schiff Pitchfork drawing tool — MultiCharts Wiki
2.Andrews' Pitchfork — definition & calculation — Investopedia
3.Schiff vs Modified Schiff — TradingView Help
4.Median Line Analysis — Optuma

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