Pitchfork Forge LITE

Pitchfork Forge LITE - The Strategy Forge Ecosystem


Not all pitchfork patterns are created equal.

Why do they work? There's no magic to them, their purpose is to identify natural price channels – which most traders draw subjectively. I built this to measure which patterns have proven reliable through actual price behaviour before risking money on them.

Besides who isn’t bored of fiddling around with the manual pitchforks to find the exact low of a wick?

*Note: Optimized for Daily timeframe. Works better on 6H and above.

*Important note: See Pattern Type Guide Section below for important information on how construct your pitchforks correctly




WHY QUALITY METRICS MATTER:

Drawing a pitchfork is easy. Knowing if it's reliable is hard. Without data, you're guessing whether price will respect the levels or ignore them. Do you include wicks? What about if targets are front-run – do they count? What about rejections?

How can you reliably tell if a pitchfork is being respected?

This tool answers that question with measurable criteria:
→ Touch Count: How many times price tested the levels
→ Rejection Rate: Percentage of touches that reversed direction
→ Pattern Age: Newer patterns need more confirmation
→ Trading Status: 🟢 READY / 🟡 MONITOR / 🔴 WAIT
→ Quality Rating: STRONG / MODERATE / WEAK


LITE VERSION FEATURES:

- 4 pitchfork types (Original, Schiff, Modified Schiff, Inside)
- Manual month selection for stable, reliable patterns
- Quality scoring for every detected pattern
- Standard levels (±0.5, ±1.0, ±1.5, ±2.0)
- Secondary Pitchfork for historical confluence
- Show Pivot Candidates to find strong pivot months
- Comprehensive info table with all metrics


📊 PATTERN TYPE GUIDE (IMPORTANT):

Select L-H-L or H-L-H based on your chart structure:

→ L-H-L (Bullish): Price formed Low → Rally → Higher Low
Use when: Rising structure, uptrend continuation, higher lows

→ H-L-H (Bearish): Price formed High → Drop → Lower High

Use when: Falling structure, downtrend, lower highs


If the opposite selection is made, you may run into a ‘No pattern found error’ or create an incorrectly drawn pitchfork. This is basically because the algo is, for example, looking for a low when you are looking for a high.


Fix: Switch L-H-L ↔ H-L-H or try different pivot months


💡 Pro tip: Enable "Show Pivot Candidates" to see all available pivots with month/year labels. Makes month selection much easier.



HOW TO USE IT:

Before entering any pitchfork trade, check the quality rating. STRONG patterns with 🟢 READY status are potentially ready to look for setups. WEAK patterns or those less than 30 days old could be skipped until they prove themselves.

This simple filter can help keep focus on high-probability setups.

WHAT MAKES THIS DIFFERENT:

Most pitchfork tools focus purely on visual analysis. This adds quantitative measurement - you can see objectively whether a pattern has proven reliable through price behaviour, not just appearance.


PERFECT FOR:

Swing and position traders who want objective data to validate pattern-based setups. Reduces subjective guesswork and helps identify which pitchforks are worth trading.


PRO VERSION (Part of the Strategy Forge Suite):

Extended levels (±2.5 to ±4.0), automation signals for Strategy Forge, confluence detection, and advanced metrics.


PAIRS WITH:

- Multi-TF Fibonacci Pivot Points - Multi-timeframe confluence validation
- Pivot Master LITE - Backtest pivot-based strategies
- More to come...

Part of The Forge Ecosystem - tools I built to bring objectivity to pattern and pivot analysis.

Real trader, real tools. Questions? DM me.