Dear friends, forex ma trading kay liay aur market ya pairs ki moment ko samajhnay kay liay bht saray indicators available hotay hain, jin ki support sa hm achi trade kar saktay hain, ye hmain market ki different situations ka btatay hain aur un ma trade ko adjust karnay ma bhi help daitay hain, in indicators ma sa aik Andrew's Pitchfork indicator bhi hota ha,
Andrew's Pitchfork or Median line indicator:
ye aik support aur resistance indicator ha jis ko thrmodynamics kay aik professor Alan Andrews na develop kia tha, is indicator ma three parallel line jo three pivots par base karti hain ko use kia jata ha aur possible support and resistance levels ko identify kia kartay hain, ye aik boht useful indicator ha, iska acha knowledge trading ma kafi supportive ho sakta ha,
Is indicator ma trendlines create karnay kay liay trend kay start ma three consective peaks aur troughs par three points choose kiay jatay hain aur first points sa straight line draw ki jati hay jo dusray two points kay midpoint ya median ko intersect karti hui jati ha, isi lihaz sa andrew's pitchfork ko hum median lines study bhi kaha jata ha, in lines ka result hmain trend channel ki guidance provide karta ha jis kay middle ma median line hoti ha, boht saray modern software packages ma ye price charts kay drawing tool kay tor par use hota ha,
Uses and Interpretation of Andrew's Pitchfork indicator:
dusray channels main outer trend line potential support aur resistance ko denote karti ha lakin is indicator kay case ma running trend us waqt tak intact rehta ha jab tak pitchfork channel violate nhi hota, us kay baad trend reversal tab hota ha jab prices pitchfork channel ki direction kay against break out hoti hain, is tarah uptrend ma lower trend line support act karti ha aur upper trend line resistance aur median line trend ki strength ka btati ha,
Andrew's Pitchfork or Median line indicator:
ye aik support aur resistance indicator ha jis ko thrmodynamics kay aik professor Alan Andrews na develop kia tha, is indicator ma three parallel line jo three pivots par base karti hain ko use kia jata ha aur possible support and resistance levels ko identify kia kartay hain, ye aik boht useful indicator ha, iska acha knowledge trading ma kafi supportive ho sakta ha,
Is indicator ma trendlines create karnay kay liay trend kay start ma three consective peaks aur troughs par three points choose kiay jatay hain aur first points sa straight line draw ki jati hay jo dusray two points kay midpoint ya median ko intersect karti hui jati ha, isi lihaz sa andrew's pitchfork ko hum median lines study bhi kaha jata ha, in lines ka result hmain trend channel ki guidance provide karta ha jis kay middle ma median line hoti ha, boht saray modern software packages ma ye price charts kay drawing tool kay tor par use hota ha,
Uses and Interpretation of Andrew's Pitchfork indicator:
dusray channels main outer trend line potential support aur resistance ko denote karti ha lakin is indicator kay case ma running trend us waqt tak intact rehta ha jab tak pitchfork channel violate nhi hota, us kay baad trend reversal tab hota ha jab prices pitchfork channel ki direction kay against break out hoti hain, is tarah uptrend ma lower trend line support act karti ha aur upper trend line resistance aur median line trend ki strength ka btati ha,
