Support Board
Date/Time: Sun, 22 Dec 2024 20:54:34 +0000
Post From: Feature request - Make line parallel to Pitchfork
| [2015-04-03 17:27:36] |
| User930315 - Posts: 55 |
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This is already supported. You can add additional "Level %" to the pitchfork drawing configuration/properties.
A Sliding Parallel differs from what is supported because it can be manually moved around. Setting a percentage for this use would be difficult to do and take lots of trial and error. I've attached a chart with some examples. The red dashed lines are sliding parallels that repeatedly and accurately predict market support and resistance. Sliding Parallels can be found at varying distances from the original Pitchfork lines. The original Andrews Pitchfork study course and every Pitchfork analysis I've ever seen uses Sliding Parallels extensively. Thanks for the reply. Date Time Of Last Edit: 2015-04-03 17:42:21
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Attachment Deleted.  chart1.bmp - Attached On 2015-04-03 17:38:19 UTC - Size: 7.37 MB - 603 views |