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Schiff Pitchfork

Shifted origin

A refinement of Andrews' Pitchfork that relocates the median origin vertically, producing a channel whose slope better reflects the true trend when P0 is an outlier spike.

The problem it solves

When the first pivot (P0) is a climactic , the standard median inherits that extreme and slopes too aggressively. Jerome Schiff's fix relocates the median origin halfway up the distance between P0 and P1, keeping P0's time coordinate. The channel re-slopes to a more representative angle while the tines stay on P1 and P2.

Anatomy

Origin (red dot) shifted vertically from P0 toward P1; the median re-slopes, tines unchanged.

Median line Outer tine Inner level Base P1–P2

Shifted origin

( P0.x , (P0.y + P1.y) / 2 ) — shift only.

Handle

Dashed guide from the real P0 to the shifted origin.

Median

From the shifted origin through the midpoint of P1–P2.

Tines

to the median, through P1 and P2.

Schiff vs the family

Identical pivots — Andrews (steepest), Schiff (vertical shift), Modified Schiff (flattest).

Schiff sits between the slope and the conservative . Reach for it when the standard fork looks too steep purely because P0 was a spike.

Construction (3 clicks)

Click P0 → P1 → P2; the origin then shifts vertically toward P1 automatically.

1
Set P0
The initial pivot — often a sharp spike you want to de-emphasise.
2
Set P1
The opposing ; the origin shifts vertically toward it.
3
Set P2
The following that anchors the second .

How price behaves

Reversion to the re-sloped median, with rejections at the outer tines.

The re-sloped median is the equilibrium to trade against.
Outer tines remain support/resistance rails.
direction by overlaying a standard pitchfork on the same pivots.

A textbook trade setup

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

★

Pro tip:Use Schiff when the standard median looks too because P0 was a climactic — the flatter median gives more realistic targets.

Settings reference

Parallel Lines

Adjust the number of lines.

Multicolor / Fill

Per-line colors and fill .

References

Level %, tags, median angle.

References & further reading

1.Schiff Pitchfork drawing tool — TradingView Help
2.Schiff Pitchfork — MultiCharts Wiki
3.Andrews' Pitchfork — definition & calculation — Investopedia

Andrews' Pitchfork
Charts / Drawing Tools / Pitchforks
A three-point trend-channel study. A central median line projects the equilibrium of a move while two parallel tines act as dynamic support and resistance.
Modified Schiff Pitchfork
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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…
Inside Pitchfork
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A pitchfork whose origin sits between P0 and P1, producing a tighter median that hugs recent price — ideal for reading internal structure within a…
Pitchfan
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A fanning variant of the pitchfork. Instead of parallel tines, Fibonacci-spaced lines radiate from the pivot through the base — blending median-line and…
ABCD Pattern
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A sticky note pinned to a specific price-time coordinate. Combines the visibility of the Note tool with the positional persistence of anchored annotations.
Anchored Text
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A text label pinned to a specific price level and time coordinate. Unlike the fixed Text tool, anchored text scrolls with the chart, keeping the label…
Arc
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A curved arc spanning the chart, used to highlight parabolic moves, rounded reversals, and semi-circular price paths. Defined by three points: start,…
Arrow
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Standard arrow pointer for general chart interaction and UI navigation.

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