How to Build a Super Pitchfork with Reaction & Trigger Lines

9 เม.ย.

In this educational video tutorial, I guide you through the process of setting up a Super Pitchfork using the Bitcoin daily chart. This method is inspired by Patrick Mikula’s work in "The Best Trendline Methods of Alan Andrews."

I demonstrate how to:
- Create and project reaction lines
- Generate bullish and bearish trigger lines
- Apply a personal timing technique for pitchforks based on Michael Jenkins’ methods by squaring significant pivots to the median line, reaction lines, and upper parallel to produce time-based reaction points anticipating potential market turns.

This walkthrough is for traders who already have a foundational understanding of pitchforks.

Inspired by the work of Patrick Mikula, this is how I personally apply and expand on the Super Pitchfork method in my own charting.

15 เม.ย.

บันทึก

Bonus Tip: Measuring Time Cycles from Reaction Lines

Once your Super Pitchfork is fully drawn and the reaction lines are propagated, you can enhance your analysis by introducing a time-based study using TradingView’s new table draw tool.

Here’s how:
• After price crosses a reaction line, measure backward from that intersection point to the most recent significant high and low.
• Log the number of bars to each in a table.
• Do this consistently as price progresses through each new reaction line section.

Over time, this gives you a dataset of bar counts for significant highs and lows within each pitchfork segment. By averaging these values, you begin to establish a time cycle that can be used to forecast when the next significant high or low might form in upcoming sections.

Example: