The Auto Andrews’ Pitchfork Indicator for MT4 is a powerful automated tool based on the famous median line method developed by Dr. Alan H. Andrews. Known for his work in technical analysis, Andrews believed that price movements obey natural laws similar to physics. His original “Median Line Method” course sold for $1,500 in the 1960s and 1970s, teaching traders how to map price cycles using three swing points and a central trend line.
The median line concept was discussed earlier in the 1920s and 1930s by George Marechal and Roger Babson—yet it was Andrews who transformed it into a practical trading method and introduced the structure now universally known as Andrews’ Pitchfork.
Traditional pitchfork drawing requires traders to identify three extreme points (P1, P2, P3) and build:
A central Median Line from P1
A Upper Line drawn from P2
A Lower Line drawn from P3
The Auto Andrews’ Pitchfork Indicator simplifies the entire process by performing all tasks automatically. Here’s what makes it unique:
Automatically detects swing extremes using the built-in classic MACD indicator
Builds the two most relevant pitchforks on the chart
Removes unnecessary pitchforks so the chart remains clean
Works on all timeframes – from M1 to Monthly
Almost no redraw – only future pivots may adjust the latest pitchfork
When applied to an MT4 chart, the indicator marks extreme points in red. Pitchforks built using older, confirmed extremes appear with dotted lines and do not redraw. However, the pitchfork based on the most recent point (solid lines) may adjust slightly as new market extremes form.
Dr. Andrews’ primary principle was simple yet powerful:
Price returns to the median line 80% of the time.
This foundational idea helps traders on any timeframe—whether day traders or long-term investors—anticipate price targets and turning points with precision.
When the price approaches the upper parallel line of a pitchfork:
Open a SELL position at or near the resistance line
Place stop loss above the upper parallel
Set take profit near the median line
Make sure your risk-to-reward ratio favors at least 1:2
If the price moves significantly toward the median line, traders may shift their stop loss to breakeven to secure profits.
When the price touches the lower parallel line:
Open a BUY position
Place stop loss under the lower parallel
Target the median line for partial or full take profit
Ensure the stop loss is not too tight to avoid false exits
The upward-sloping pitchfork can signal a bullish trend continuation when the median line acts as a magnet.
Automatically draws pitchforks using market-validated swing points
Provides clear trend direction through the slope of the median line
Helps traders identify dynamic support and resistance
Suitable for intraday, swing, and long-term analysis
Enhances accuracy when combined with other tools like RSI, MACD, or market structure indicators
Though the concept is over 100 years old, its effectiveness remains strong in modern markets due to the universal behavior of price cycles.
The Auto Andrews’ Pitchfork Indicator for MT4 gives traders a reliable way to map trend direction and anticipate price action using the timeless principles of median line trading. It automatically builds stable pitchforks, identifies key support and resistance levels, and follows Andrews’ 80% rule—making it a valuable tool for traders of all levels.
However, like any technical indicator, it does not guarantee perfect buy or sell signals. Beginners should practice on a demo account first. Once mastered, it becomes a powerful addition to your trading strategy.
To explore more advanced indicators and download this tool for free, visit IndicatorForest.com.
Published:
Nov 28, 2025 20:50 PM
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