Buy Crypto Markets Spot FuturesOIL(WTI)Earn Event Center

A Schiff Pitchfork is a common technical analysis tool derived from Andrews' Pitchfork, also known as the standard pitchfork. Andrews was a statistician and trading expert, and Schiff was hisA Schiff Pitchfork is a common technical analysis tool derived from Andrews' Pitchfork, also known as the standard pitchfork. Andrews was a statistician and trading expert, and Schiff was his

Apprentissage/Guide du débutant/Indicateurs techniques/What are Sc...Pitchforks?

What are Schiff Pitchforks?

Auteur : MEXC

Jul 16, 2025MEXC

#K-Line Indicators #Technical Analysis

COMMON$0.0002404+1.99%

LONG$0.002079-2.53%

NOT$0.0004173+0.91%

LEARN$0.007522+0.18%

A Schiff Pitchfork is a common technical analysis tool derived from Andrews' Pitchfork, also known as the standard pitchfork. Andrews was a statistician and trading expert, and Schiff was his student. Similar to Andrews' Pitchfork, a Schiff Pitchfork is essentially a tool for drawing price channels used to identify medium to long-term trends, support and resistance levels, breakouts, and reversals in market trends.

Schiff Pitchforks perform well in clearly defined uptrends and downtrends but are challenging to use in sideways trading. While they excel as indicators for identifying long-term trends, Schiff Pitchforks are better suited for medium to long-term trading, although some traders also use them for intraday trading.

Components of Schiff Pitchforks

Similar to Andrews' Pitchforks, Schiff Pitchforks consist of three trendlines: the median line (trendline) and two additional lines above and below the median line. The difference lies in the starting point of the median line for Schiff Pitchforks. Additionally, Schiff Pitchforks can have additional lines, which are placed at a certain standard deviation from the median line.

To plot Schiff Pitchforks (as with standard pitchforks), you first need to identify a trend and draw a trendline between two endpoints of the trend. For an uptrend, you can use adjacent low points to draw the uptrend line. For a downtrend, you can use adjacent high points to draw the downtrend line. The third point is placed above or below the second point, depending on the nature of the trend. (Generally, the third point is placed above for uptrends and below for downtrends.) It is important to note that Schiff Pitchforks include two additional lines by default.

Schiff Pitchforks create a price trend channel. As long as the price remains within the Schiff Pitchfork channel, the trend is considered intact. If the price breaks out of the Schiff Pitchfork channel, it indicates a weakening trend or a trend reversal.

How to Draw Schiff Pitchforks on MEXC

① Go to the spot trading page and select the TradingView version of the K-line chart. (Note: This also works for the futures trading page.)

② On the toolbar on the left, click the [Fibonacci Retracement] button, and then select [Schiff Pitchfork].

③ Identify the trend. In the example below, the current Bitcoin trend displays an uptrend. Choose adjacent low points as the trend endpoints, and place the third point above the second point to draw.

④ If you want to delete the drawing, click the Schiff Pitchfork line on the chart, then click the delete button.

Currently, Schiff Pitchforks cannot be drawn on the MEXC App.

Disclaimer: Cryptocurrency trading involves risk. This information does not provide advice on investment, taxation, legal, financial, accounting, or any other related services, nor does it constitute advice to purchase, sell, or hold any assets. MEXC Learn provides information for reference purposes only and does not constitute investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. The platform is not responsible for users' investment decisions.

Opportunité de marché

Cours null(null)

----

USD

Graphique du prix de null (null) en temps réel

Articles populaires

Taux de financement des Futures MEXC : Comment vérifier, calculer et optimiser les coûts

Avez-vous déjà vécu cette situation ? Vous avez correctement prédit la direction du marché dans un trade de contrats à terme, mais vos profits ont continué à diminuer, ou votre solde a mystérieusement

Auteur : MEXC

2026/03/16

Qu'est-ce que les Marchés de prédiction de MEXC : guide du débutant

Les marchés de prédiction émergent comme un puissant outil d'agrégation d'informations, permettant aux participants d'exprimer leurs jugements sur des événements futurs en échangeant la probabilité de

Auteur : MEXC

2026/03/13

Qu'est-ce que Binder Protocol (Binder) ?

Points clés Binder Protocol est un protocole décentralisé innovant qui connecte et lie divers éléments au sein de l'écosystème blockchain grâce à des mécanismes uniquesBinder (BINDER) sert de token na

Auteur : Marcus O'Brien

2026/03/12

Rapport hebdomadaire des opérations MEXC (4–10 mars 2026)

Nouveaux listings · Principaux Gainers · Aperçu des données de trading Spot & FuturesPériode des données : 4-10 mars 2026 Calendrier de publication : Hebdomadaire, chaque jeudi Sources des données : P

Auteur : MEXC

2026/03/11

Actualités tendance

Strategy dépense 1,28 milliard $ pour l'achat de 17 994 Bitcoin supplémentaires

L'article Strategy dépense 1,28 milliard de dollars dans son dernier achat de 17 994 Bitcoin est paru sur BitcoinEthereumNews.com. Strategy a divulgué un achat majeur de Bitcoin en mars

2026/03/09

Devriez-vous souscrire une assurance voyage spéciale pour un traitement médical à l'étranger ?

Voyager à l'étranger pour des soins de santé peut être une option intéressante. Vous recherchez peut-être des coûts moins élevés, des temps d'attente plus courts, l'accès à des spécialistes expériment

2026/03/09

Strive augmente le rendement SATA à 12,75 %, double ses paris sur le Bitcoin et les actions privilégiéese%

L'article Strive augmente le rendement de SATA à 12,75 %, double la mise sur Bitcoin et les actions privilégiées est paru sur BitcoinEthereumNews.com. Strive a augmenté le dividende

2026/03/12

Les actions préférentielles STRC visent le pair alors que le risque se déplace vers les actions ordinaires

L'article "STRC preferred stock targets par as risk shifts to common" est paru sur BitcoinEthereumNews.com. Comment STRC rémunère les investisseurs et agit comme une volatilité Bitcoin

2026/03/14

What are Schiff Pitchforks?

Components of Schiff Pitchforks