Dr. Andrews Rules for the use of the Andrews Pitchfork
Dr Andrews developed a set of rules for the application of his Andrews Pitchfork. Here is a description and several exampes of Rule No. 1.
“You are amongst the very few who know that price is always headed towards the newest Median Line” (Dr. Alan Andrews).
There are other rules relating to the situation where:
A) Price fails to reach the Median Line (Rule No. 8 “Price Failure”);
B) Price penetrates the Median Line with a gap or a “zoom” (Rule No. 7 “Penetration of ML”).
Those examples are covered separately.
These two examples illustrate Dr. Andrews Trading Rule No. 1 very well.
Dr. Andrews Rules – are there other related rules?
Examples will be posted separately.
Dr. Andrews Rules – Video Examples of Rule No. 1
Where Prices are Always Headed
Median Line Analytics – Education Modules
If you are not familiar with Median Lines, these education modules have been designed to provide some basic knowledge and terminology used with Median Line Analytics.
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