All Median Line sets describe the process of a swing cycle. The Reverse Median Line set starts where this swing cycle process ends. In this video, I show how to draw it and the main 2 purposes for drawing it, to capture the “try” trade, or to use it as a center-line.
Reverse Median Line
Foundations of Trading Part 3: Andrews Median Line Tools
The Andrews Median Line is a simple tool that can be applied any instrument in any time frame. It beautifully describes and projects the process of a swing cycle. The Median Line simply bisects a price swing using the relationship from any 3 alternating pivots and then projects price back to its median to complete the swing cycle. If there are two extremes, (opposites) there must also be a center. I refer to Median Line tools cause there are a few basic types of Median line sets along with a some other lines tools. With a thorough understanding of these tools and swing structure we can use them very purposefully fro particular situations.
Median Line Tools
- Standard Median Line set
- Pendulum Median Line set
- Modified Schiff Median Line set
- Reverse Median Line set
- MPL – Multi-Pivot-Line
- Action Reaction Lines
- Sliding Parallel