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The Andrews Pitchfork or the Median Line method is basically a trend line system which is used in a trending market to visually calculate a target. According to Andrews, the purpose of the median line is to determine the trend. The most important part of this concept is that prices typically make it to the median line 80% of the time, and the developing trend should be contained within the upper and lower lines. This, by itself, is a powerful factor which enables a trader to visually estimate where price would most likely encounter support or resistance. We take this highly effective concept one step further, and add some filters to obtain precise levels for entry, stop and exit, and also build the correct money management principles for it.
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