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Pattern Scanner
The Pattern Scanner looks at every daily chart in the US market each night, finds the ones forming a classic shape, and draws that shape on the chart — so judging a setup takes seconds, not minutes.
The pattern families
Pick a family under Pattern Scanner in the sidebar, or a single pattern from the Pattern menu.
- Trend Lines — a single line the price keeps respecting — a floor (support), a ceiling (resistance) or a flat level.
- Channels — price bouncing between two parallel lines, drifting up, down or sideways. Traders watch for the escape.
- Wedges & Megaphones — the bounces narrow toward a point (a wedge) or widen out (a megaphone) — the market is coiling or getting wilder.
- Triangles — a flat side and a sloping side squeezing together — often resolves in the direction of the flat side.
- Tops & Bottoms — price testing the same level two or more times. If it holds, the trend may turn.
- Head & Shoulders — three pushes with the middle one the most extreme — a classic sign a trend is tiring (or, upside-down, ending).
The icon’s colour tells you the type: green patterns usually continue the trend, red ones often mark a reversal, grey ones can break either way.
Reading the list
- Confidence — 0–100: how cleanly the chart fits the shape. It is not a prediction — a tidy pattern can still fail.
- Price and Chg — the price and day’s change from the last nightly scan.
The Lens
On a wide screen the chart sits beside the list, already drawn. Click a row, or walk down the list with ↓ / ↑ (or j / k) and press Enter to open the full chart. Drag the divider to give the chart more room, or hide it.
Good to know
Patterns are found on the daily chart and refresh every night. During the day a pattern can break — the chart always shows you the live price, so check it before you act.