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PureBytes Links
Trading Reference Links
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>The Andrews ML is drawn by finding 3 points A_B_C
>Find the mid point of B-C and draw a median line by connecting A and the
>mid point.
>To get the parallel lines draw lines from B and C that are parallel to the
>line A-Midpoint.
>As in the chart with the up sloping silver line
>
>
>To draw the Schiff ML
>Find the midpoint of AB and The midpoint of BC draw a line connecting the
two.
>To draw parallel lines draw the lines from B and C.
>Example is the down sloping silver line.
>
>Besides being a different line the purpose of the 2 are different.
>The Schiff is used only to find turning points in some situations.
Here are the same Silver charts reproduced in Dynamic Trader
showing the standard Pichfork and the A-B-C points used.
Second chart is the same pitchfork using a "50% offset"
(standard feature in Dynamic Trader)
Attachment Converted: "c:\eudora\attach\Shiff_ml.gif"
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