Smart Pitchfork Zones

WHAT IS IT?

Pitchfork channels, developed by Alan Andrews, use three pivot points to define a median line and parallel channel boundaries. Price tends to gravitate toward the median line and react at the upper and lower parallels. Three variants exist: Andrew's Pitchfork (standard), Schiff (shifted origin to reduce slope), and Modified Schiff. Standard pitchfork implementations show only single lines with no zone width.

INDICATOR PRIME IMPROVEMENTS

Smart Pitchfork Zones adds ATR-scaled zone bands to the median line and upper and lower parallels, converting point-level lines into meaningful price areas. Optional inner 0.5 and 0.25 lines provide finer channel subdivisions. Outer parallels at 1.5x and 2.0x mark extreme extension zones. Labels are placed at the right edge with configurable size and color. Pivot anchor dots mark the P0, P1, P2 points. All three pitchfork types are selectable.

HOW TO USE

The median line is the primary target: price gravitates back to it after deviating. Enter long when price reaches the lower parallel zone and shows reversal character, targeting the median as the first take profit level. The inner 0.5 lines provide intermediate targets and partial exit levels. The outer 1.5x and 2x lines mark rare overextension zones where the strongest mean-reversion entries occur.

KIT CONFLUENCE

Smart Pitchfork Zones adds dynamic channel structure to the Price Action Kit. When the lower pitchfork parallel zone aligns with a Master S&R Zone, the overlap creates a high-conviction entry area. Smart Fibonacci Zones at the same level as a pitchfork parallel add Fibonacci confirmation. Trendline Pro support lines coinciding with the pitchfork median mark the most important dynamic level on the chart.

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