Unlock one of the most statistically grounded approaches to technical analysis with Median Line Study: Finding High Probability Lines. Authored by Greg Fisher, this comprehensive guide is an essential resource for traders seeking to apply the legendary Andrews’ Pitchfork method with confidence and accuracy.
This book doesn’t just explain the Median Line concept—it teaches you how to validate it through statistical backtesting and structured observation, turning a basic drawing tool into a reliable trading methodology. Greg Fisher walks you through identifying true market pivots, determining the probability of price returning to the Median Line, and applying advanced variations such as sliding parallels, warning lines, and the modified Schiff Median Line.
The core of the book lies in its meticulous study: Fisher demonstrates how to build a repeatable method to test the likelihood of price action behaviors near the Median Line, giving traders a real edge in anticipating market reactions. Whether you’re a price action purist or a technical trader looking for objective confluence, this book provides a rigorous yet accessible framework.
✅What You’ll Learn:
- How to draw the classic Andrews’ Median Line (aka Pitchfork) correctly using major pivots
- Statistical probabilities behind Median Line behaviors (reversal, gap/plunge, consolidation)
- Identification of “high probability” price zones using real chart examples
- Advanced Median Line techniques: Sliding Parallels, Modified Schiff ML, and Warning Lines
- How to conduct your own Median Line studies for personal market testing
- Practical insights into time-based targeting, pivot selection, and trend validation
💡 Key Benefits:
- Learn a technical method backed by statistical logic, not just visual rules
- Master a lesser-known but powerful trend-based forecasting tool
- Enhance your chart reading skills for swing trading and intraday setups
- Apply a structured process for identifying low-risk, high-reward trade zones
- Gain timeless trading knowledge inspired by Dr. Alan Andrews and Roger Babson
👤 Who This Book Is For:
This book is ideal for intermediate to advanced traders who are already comfortable with technical charting and want to add a statistically tested tool to their trading arsenal. It’s especially useful for traders focusing on price action, swing trading, and confluence-based decision making.
📚 Table of Contents:
- Introduction to the Median Line
- Why Study the Median Line?
- Drawing & Understanding the Median Line
- Price Action Near the ML: Reversals, Gaps, and Consolidation
- Median Line Failures
- Conducting the Median Line Probability Study
- Study Results and Observations
- Adding Parallel Lines and Sliding Parallels
- The Modified Schiff Median Line
- Expanding the Definition of a Pivot
- Finding High Probability Lines
- Summary