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Modified Schiff Pitchfork: Difference between revisions - MultiCharts
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Modified Schiff Pitchfork: Difference between revisions

From MultiCharts
(Created page with "As opposed to standard Schiff Pitchfork the origin of Modified Schiff Pitchfork’s handle is moved half-way the vertical and horizontal distance between the high and low...")
 
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# Select one of three ways to insert Modified Schiff Pitchfork:  
# Select one of three ways to insert Modified Schiff Pitchfork:  
#* In the menu select '''Insert''', point to '''Drawing''' and click '''Modified Schiff Pitchfork'''.  
#* In the menu select '''Insert''', point to '''Drawing''' and click '''Modified Schiff Pitchfork'''.  
#* Click the '''Modified Schiff Pitchfork''' [[File:Drawing_Modified Schiff Pitchfork.png]] icon on the '''Drawing''' toolbar.  
#* Click the '''Modified Schiff Pitchfork''' <img src="https://www.multicharts.com/trading-software/images/5/5d/Modified_Schiff_Pitchfork.png" width="24"> icon on the '''Drawing''' toolbar.  
#* Click the arrow next to the '''Drawing Tools''' [[File:Show Hide Drawing Tools.png]] icon on the '''Main''' toolbar and select '''Modified Schiff Pitchfork''' from the menu.  
#* Click the arrow next to the '''Drawing Tools''' <img src="https://www.multicharts.com/trading-software/images/f/fc/Show_Hide_Drawing_Tools.png" width="24"> icon on the '''Main''' toolbar and select '''Modified Schiff Pitchfork''' from the menu.  
# The cursor will change to the '''Pitchfork''' [[File:APF_pointer.gif]] .
# The cursor will change to the '''Pitchfork''' <img src="https://www.multicharts.com/trading-software/images/f/fc/Pitchfork_cursor.png" width="24">.
# In the Chart Area click where the pitchfork's handle is to begin.
# In the Chart Area click where the pitchfork's handle is to begin.
# In the Chart Area click where the first tine is to begin.
# In the Chart Area click where the first tine is to begin.
# In the Chart Area click where the second tine is to begin.
# In the Chart Area click where the second tine is to begin.
<br>


== Moving Modified Schiff Pitchfork ==  
== Moving Modified Schiff Pitchfork ==  
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# Drag the cursor to Modified Schiff Pitchfork that is to be moved.  
# Drag the cursor to Modified Schiff Pitchfork that is to be moved.  
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]].
# The cursor '''Pointer''' <img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">.
# Then keeping the left mouse button pressed drag the drawing tool to the desired position.  
# Then keeping the left mouse button pressed drag the drawing tool to the desired position.  
# Release the button.
# Release the button.


<br>
== Reshaping Modified Schiff Pitchfork ==  
== Reshaping Modified Schiff Pitchfork ==  


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# Drag the cursor to Modified Schiff Pitchfork that is to be reshaped.  
# Drag the cursor to Modified Schiff Pitchfork that is to be reshaped.  
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]].
# The cursor '''Pointer''' <img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">.
# Left-click Modified Schiff Pitchfork and 3 small squares will appear at the handle and the tines of the pitchfork.  
# Left-click Modified Schiff Pitchfork and 3 small squares will appear at the handle and the tines of the pitchfork.  
# Drag one of these squares till the drawing tool becomes of the desired shape.  
# Drag one of these squares till the drawing tool becomes of the desired shape.  
# Release the button.
# Release the button.


<br>
== Formatting Modified Schiff Pitchfork ==  
== Formatting Modified Schiff Pitchfork ==  


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One can change the settings of Modified Schiff Pitchfork: the color, style and weight of the handle, base and tines. One can choose any element of the pitchfork to be displayed or hidden. It is also possible to change the time and price coordinates of Modified Schiff Pitchfork.
One can change the settings of Modified Schiff Pitchfork: the color, style and weight of the handle, base and tines. One can choose any element of the pitchfork to be displayed or hidden. It is also possible to change the time and price coordinates of Modified Schiff Pitchfork.


<br>
=== Setting Style ===
=== Setting Style ===


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#: To access the '''Format Modified Schiff Pitchfork''' window:  
#: To access the '''Format Modified Schiff Pitchfork''' window:  
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click.
#:# The cursor '''Pointer''' <img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">, then double-click.
#:: Or
#:: Or
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.  
#:# The cursor '''Pointer''' <img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">, then right-click.  
#:# Select '''Format 'Modified Schiff Pitchfork'''' from the shortcut menu.
#:# Select '''Format 'Modified Schiff Pitchfork'''' from the shortcut menu.
#:: Or
#:: Or
#:# In the '''Format Objects''' window select the '''Drawings''' tab.  
#:# In the '''Format Objects''' window select the '''Drawings''' tab.  
#:# Select the Modified Schiff pitchfork that is to be formatted and press the '''Format…''' button.  
#:# Select the Modified Schiff pitchfork that is to be formatted and press the '''Format''' button.  
# Select the '''Data''' tab.  
# Select the '''Data''' tab.  
# To display or hide any elements of the pitchfork check or uncheck the '''Handle''', '''Base''', '''Tine 1''' or '''Tine 2''' check boxes.  
# To display or hide any elements of the pitchfork check or uncheck the '''Handle''', '''Base''', '''Tine 1''' or '''Tine 2''' check boxes.  
# In the '''Color''' column, using the drop-down lists, select any of the preset 40 colors for the handle, base and tines or click the '''Other…''' button to select the custom colors.  
# In the '''Color''' column, using the drop-down lists, select any of the preset 40 colors for the handle, base and tines or click the '''Other''' button to select the custom colors.  
# In the '''Style''' column, using the drop-down lists, select the desired styles for the handle, base and tines.  
# In the '''Style''' column, using the drop-down lists, select the desired styles for the handle, base and tines.  
# In the '''Weight''' column, using the drop-down lists, select the desired weights for the handle, base and tines.  
# In the '''Weight''' column, using the drop-down lists, select the desired weights for the handle, base and tines.  
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# Click '''OK'''.
# Click '''OK'''.


<br>
=== Setting Coordinates Precisely ===
=== Setting Coordinates Precisely ===


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#: To access the '''Format Modified Schiff Pitchfork''' window:  
#: To access the '''Format Modified Schiff Pitchfork''' window:  
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click.
#:# The cursor '''Pointer''' <img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">, then double-click.
#:: Or
#:: Or
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# Drag the cursor to the Modified Schiff pitchfork that is to be formatted.  
#:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.  
#:# The cursor '''Pointer''' [<img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">, then right-click.  
#:# Select '''Format 'Modified Schiff Pitchfork'''' from the shortcut menu.
#:# Select '''Format 'Modified Schiff Pitchfork'''' from the shortcut menu.
#:: Or
#:: Or
#:# In the '''Format Objects''' window select the '''Drawings''' tab.  
#:# In the '''Format Objects''' window select the '''Drawings''' tab.  
#:# Select the Modified Schiff Pitchfork that is to be formatted and press the '''Format…''' button.  
#:# Select the Modified Schiff Pitchfork that is to be formatted and press the '''Format''' button.  
# Select the '''Properties''' tab.  
# Select the '''Properties''' tab.  
# In the '''Coordinates''' section enter the desired time coordinates in the '''Handle Date''', '''Tine 1 Date''' and '''Tine 2 Date''' fields or use the drop-down calendars.  
# In the '''Coordinates''' section enter the desired time coordinates in the '''Handle Date''', '''Tine 1 Date''' and '''Tine 2 Date''' fields or use the drop-down calendars.  
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# Click '''OK'''.
# Click '''OK'''.


<br>
== Cloning Modified Schiff Pitchfork ==  
== Cloning Modified Schiff Pitchfork ==  


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# Drag the cursor to the Modified Schiff pitchfork that is to be cloned.  
# Drag the cursor to the Modified Schiff pitchfork that is to be cloned.  
# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click.  
# The cursor '''Pointer''' <img src="https://www.multicharts.com/trading-software/images/a/ab/Pointer.png" width="24"> will change into '''Hand''' <img src="https://www.multicharts.com/trading-software/images/a/a7/Hand.png" width="24">, then right-click.  
# Select '''Clone Drawing''' from the shortcut menu.  
# Select '''Clone Drawing''' from the shortcut menu.  


<br>
[[Category:Drawing_Tools]]
[[Category:Drawing_Tools]]

Latest revision as of 12:25, 2 July 2024

As opposed to standard Schiff Pitchfork the origin of Modified Schiff Pitchfork’s handle is moved half-way the vertical and horizontal distance between the high and low points (first two points set). By default Modified Schiff Pitchfork in MultiCharts is created with 2 additional tines. That is possible to add up to 12 sets of tines at the user defined distance from the centerline.

Inserting Modified Schiff Pitchfork

  1. Select one of three ways to insert Modified Schiff Pitchfork:
    • In the menu select Insert, point to Drawing and click Modified Schiff Pitchfork.
    • Click the Modified Schiff Pitchfork icon on the Drawing toolbar.
    • Click the arrow next to the Drawing Tools icon on the Main toolbar and select Modified Schiff Pitchfork from the menu.
  2. The cursor will change to the Pitchfork .
  3. In the Chart Area click where the pitchfork's handle is to begin.
  4. In the Chart Area click where the first tine is to begin.
  5. In the Chart Area click where the second tine is to begin.

Moving Modified Schiff Pitchfork

To move Modified Schiff Pitchfork without changing its shape:

  1. Drag the cursor to Modified Schiff Pitchfork that is to be moved.
  2. The cursor Pointer will change into Hand .
  3. Then keeping the left mouse button pressed drag the drawing tool to the desired position.
  4. Release the button.

Reshaping Modified Schiff Pitchfork

To reshape Modified Schiff Pitchfork (change its direction or the distance between its tines):

  1. Drag the cursor to Modified Schiff Pitchfork that is to be reshaped.
  2. The cursor Pointer will change into Hand .
  3. Left-click Modified Schiff Pitchfork and 3 small squares will appear at the handle and the tines of the pitchfork.
  4. Drag one of these squares till the drawing tool becomes of the desired shape.
  5. Release the button.

Formatting Modified Schiff Pitchfork

In MultiCharts one can change the settings of Modified Schiff Pitchfork. All the changes are performed in the Format Modified Schiff Pitchfork window.

Each instance of a Modified Schiff Pitchfork has its own Format window. The number (if there are 2 or more Modified Schiff pitchforks in the same Chart Window) is shown in the titlebar of each Format Modified Schiff Pitchfork window.

One can change the settings of Modified Schiff Pitchfork: the color, style and weight of the handle, base and tines. One can choose any element of the pitchfork to be displayed or hidden. It is also possible to change the time and price coordinates of Modified Schiff Pitchfork.

Setting Style

  1. Access the Format Modified Schiff Pitchfork window.
    To access the Format Modified Schiff Pitchfork window:
    1. Drag the cursor to the Modified Schiff pitchfork that is to be formatted.
    2. The cursor Pointer will change into Hand , then double-click.
    Or
    1. Drag the cursor to the Modified Schiff pitchfork that is to be formatted.
    2. The cursor Pointer will change into Hand , then right-click.
    3. Select Format 'Modified Schiff Pitchfork' from the shortcut menu.
    Or
    1. In the Format Objects window select the Drawings tab.
    2. Select the Modified Schiff pitchfork that is to be formatted and press the Format button.
  2. Select the Data tab.
  3. To display or hide any elements of the pitchfork check or uncheck the Handle, Base, Tine 1 or Tine 2 check boxes.
  4. In the Color column, using the drop-down lists, select any of the preset 40 colors for the handle, base and tines or click the Other button to select the custom colors.
  5. In the Style column, using the drop-down lists, select the desired styles for the handle, base and tines.
  6. In the Weight column, using the drop-down lists, select the desired weights for the handle, base and tines.
  7. Check the Use as Default check box to use these settings as the default settings when creating other Modified Schiff Pitchforks.
  8. Click OK.

Setting Coordinates Precisely

  1. Access the Format Modified Schiff Pitchfork window.
    To access the Format Modified Schiff Pitchfork window:
    1. Drag the cursor to the Modified Schiff pitchfork that is to be formatted.
    2. The cursor Pointer will change into Hand , then double-click.
    Or
    1. Drag the cursor to the Modified Schiff pitchfork that is to be formatted.
    2. The cursor Pointer [ will change into Hand , then right-click.
    3. Select Format 'Modified Schiff Pitchfork' from the shortcut menu.
    Or
    1. In the Format Objects window select the Drawings tab.
    2. Select the Modified Schiff Pitchfork that is to be formatted and press the Format button.
  2. Select the Properties tab.
  3. In the Coordinates section enter the desired time coordinates in the Handle Date, Tine 1 Date and Tine 2 Date fields or use the drop-down calendars.
  4. In the Coordinates section enter the desired price coordinates in the Handle Value, Tine 1 Value and Tine 2 Value fields.
  5. Click OK.

Cloning Modified Schiff Pitchfork

To clone a Modified Schiff Pitchfork:

  1. Drag the cursor to the Modified Schiff pitchfork that is to be cloned.
  2. The cursor Pointer will change into Hand , then right-click.
  3. Select Clone Drawing from the shortcut menu.