Features · 5 min read
Pattern scanner
The scanner’s job is simple to say and hard to do: look at every chart in the US market, find the ones forming a classic shape, and draw that shape on the chart so you can judge it in seconds.
The pattern families
- Channels — price bouncing between two parallel lines, drifting up or down. Traders watch for the escape.
- Triangles & wedges — the bounces get tighter and tighter until something gives. The squeeze before the pop.
- Double & triple tops/bottoms — price knocks on the same door two or three times. If the door holds, it often reverses.
- Head & shoulders — three pushes, middle one highest (or lowest, upside-down). A classic sign a trend is tiring.
- Support & resistance lines — single levels the price keeps respecting, even without a full pattern.
Using the cockpit
- 1Pick a pattern group in the sidebar under Patterns.
- 2Sort the table by confidence to see the cleanest setups first.
- 3Click a row to load its chart in the lens beside the table — use j and k on your keyboard to walk down the list without touching the mouse.
- 4Star the ones worth watching; they go straight to your watchlist.
Good to know
Confidence measures how cleanly the chart fits the shape — it is not a prediction. Two traders can look at the same clean pattern and responsibly trade it in opposite directions. The scanner finds; you decide.