Getting started · 4 min read
Your first pattern scan
The pattern scanner looks at thousands of stock charts and pulls out the ones forming a recognizable shape — so instead of flipping through charts hoping to spot something, you start from a short list that already looks interesting.
Run a scan
- 1Click Patterns in the sidebar.
- 2Pick a pattern group on the left — for example Channels or Double bottoms. Don’t worry about which one is “best”; click around and look.
- 3The table fills with every stock currently forming that shape. Each row shows the ticker, its price, and a confidence score.
- 4Click any row — its chart opens beside the list with the pattern’s lines already drawn on it.
What the words mean
- Pattern — a shape a chart makes when buyers and sellers keep meeting at the same levels. Traders watch them because the moment the shape ends is often when a bigger move starts.
- Confidence — our score (out of 100) for how cleanly the chart fits the shape. Higher = tidier pattern, not a guarantee of anything.
- Breakout — when the price pushes through one of the pattern’s lines — the event pattern-watchers wait for.
Good to know
A pattern is a map, not a promise. It tells you where the interesting levels are — it never guarantees which way the stock will go. Always decide your risk before you act.