Wedge Pattern Scanner
Hello Traders!
Wedges form slowly and break fast. The cleanest breakout usually fires on the symbol you weren't watching. This scanner ends that. It monitors up to 20 instruments at once. You stop missing breakouts. Your watchlist runs itself.
What the Wedge Pattern Scanner Does
Detects rising and falling wedges across your entire watchlist. In real time. Built on a proprietary swing engine for clean, structurally sound pattern recognition. Each wedge is tracked through its full lifecycle: forming, breaking out, confirmed, or invalidated. Built for breakout and chart-pattern traders. The ones who want to catch compressions across many markets without cycling through charts.
The scanner dashboard with multiple symbols, every wedge state color-coded in one table.
What You Get
What It Scans For
Full Pattern Lifecycle, Color-Coded
Most screeners answer one question: is the wedge there right now? This scanner tracks every state:
Each state has its own cell color. You see what's compressing right now, not only what's already broken out. No surprise breakouts.
A clean falling wedge with trendlines anchored to precision swing points.
Multi-Scale Detection
Wedges form on every timeframe and every scale. This scanner runs up to three independent detection scales concurrently:
Each scale gets its own pair of columns in the table. You see at a glance whether a symbol is compressing on a single scale or several at once. When scales align, you know it. No mental gymnastics, no second scanner.
Built on a Proprietary Swing Engine
A wedge is only as good as the swing points that define its trendlines. This scanner runs on a proprietary swing engine purpose-built for structural pattern recognition. The result: high detection accuracy on clean wedge structures, precision trendline construction, and patterns that match what a discretionary chartist would mark by hand.
Every candidate is checked against:
What survives is not "any two converging lines." It's wedges that pass a discretionary trader's quality bar. You skip the noise and trade the structurally sound setups.
A falling wedge breaking out to the upside, flagged UP CONF in the scanner table.
Log-Scale Analysis
Slope measurements distort on a linear scale when instruments differ in price. A wedge on
NQ1! and a wedge on 
EURUSD measure totally different slopes, even when they look identical. This scanner measures trendline slope on a logarithmic price scale by default. Detection stays consistent whether you scan a high-priced index future, a sub-1.00 FX pair, or a crypto pair below $1. Price level never skews the read.
Both Sides Covered
Rising wedges classically resolve down. Falling wedges classically resolve up. That's the textbook view. An optional Reverse Breakout mode tracks counter-direction breaks too: bullish moves out of rising wedges, bearish moves out of falling ones. One tool covers continuation traders, reversal traders, and the players who trade both sides.
Webhook-Ready Execution
Every confirmed breakout can fire a TradersPost-compatible JSON alert. Full trade package included:
Three target methods are available: Fixed Risk Reward, Pattern Height, or The Larger of the Two. The alert payload matches your preferred target methodology. No downstream logic needed. You stop watching the table. The trades route themselves.
How to Use This Scanner
Default watchlist coversNQ1!, 
ES1!, 
YM1!, 
GC1!, 
SI1!, 
CL1!, EURUSD, 
BTCUSDT.P, 
NVDA, $NASDAQ:GOOG. Ten more slots open. Works on any timeframe. Larger scales suit swing structure. Smaller scales catch intraday compressions.
What Makes This Different
A basic screener tells you a wedge exists. This one goes further in five ways:
A confirmed breakout running up into its projected target zone.
Key Settings
All visual elements (colors, line styles, widths) are fully customizable.
A complete wedge scanning framework in a single dashboard. Chart-level detection quality across your entire watchlist. From first compression to confirmed breakout.
Risk Disclaimer
The content, tools, scripts, articles, and educational resources offered by TRN Trading are intended solely for informational and educational purposes. Remember, past performance does not ensure future outcomes.
Wedges form slowly and break fast. The cleanest breakout usually fires on the symbol you weren't watching. This scanner ends that. It monitors up to 20 instruments at once. You stop missing breakouts. Your watchlist runs itself.
What the Wedge Pattern Scanner Does
Detects rising and falling wedges across your entire watchlist. In real time. Built on a proprietary swing engine for clean, structurally sound pattern recognition. Each wedge is tracked through its full lifecycle: forming, breaking out, confirmed, or invalidated. Built for breakout and chart-pattern traders. The ones who want to catch compressions across many markets without cycling through charts.
The scanner dashboard with multiple symbols, every wedge state color-coded in one table.
What You Get
- No more missed breakouts — The scanner watches up to 20 markets at once across three detection scales. Every active wedge (minor or structural) shows up in the table.
- Clean signal quality — A proprietary swing engine surfaces structurally sound wedges. Less noise. Fewer false positives.
- Hands-off monitoring — Set it up once. Enable alerts. Walk away. You're notified the moment a wedge breaks out or confirms.
- Coverage across markets — Futures, FX, crypto, equities, indices. Log-scale analysis keeps detection consistent across price ranges.
- Ready-to-execute signals — Every confirmed breakout comes with entry price, stop, target, and risk-reward. Or fire JSON to TradersPost and let your broker handle it.
- One screen, one decision — Scan the table top-down. Open the chart that matters. Take the trade.
What It Scans For
- Rising wedges — converging structure that classically resolves to the downside
- Falling wedges — converging structure that classically resolves to the upside
- Classic breakouts — moves in the wedge's expected direction
- Reverse breakouts — optional counter-direction breaks for traders who play both sides
- Up to three detection scales — minor compressions through large structural wedges, each in its own column pair
- Confirmed and unconfirmed breakouts — early triggers and close-validated breakouts, tracked separately
Full Pattern Lifecycle, Color-Coded
Most screeners answer one question: is the wedge there right now? This scanner tracks every state:
- ACTIVE — A wedge has formed and is compressing. Waiting for the breakout.
- UP / DN — Price has broken out of the wedge. Not yet confirmed by close.
- UP CONF / DN CONF — Next bar confirms with a follow-through close. Entry.
- FAILED — The wedge structure breaks before a clean breakout triggers.
Each state has its own cell color. You see what's compressing right now, not only what's already broken out. No surprise breakouts.
A clean falling wedge with trendlines anchored to precision swing points.
Multi-Scale Detection
Wedges form on every timeframe and every scale. This scanner runs up to three independent detection scales concurrently:
- Smaller scales — catch intraday compressions and faster setups
- Larger scales — capture broader, structural wedges
Each scale gets its own pair of columns in the table. You see at a glance whether a symbol is compressing on a single scale or several at once. When scales align, you know it. No mental gymnastics, no second scanner.
Built on a Proprietary Swing Engine
A wedge is only as good as the swing points that define its trendlines. This scanner runs on a proprietary swing engine purpose-built for structural pattern recognition. The result: high detection accuracy on clean wedge structures, precision trendline construction, and patterns that match what a discretionary chartist would mark by hand.
Every candidate is checked against:
- Trendline convergence — Both trendlines must genuinely converge. Parallel channels and divergent structures are rejected.
- Per-scale max length — Each detection scale enforces its own maximum pattern length. Keeps timing realistic.
- Swing-structure integrity — Invalidates the wedge the moment a swing point breaks the trendline geometry.
What survives is not "any two converging lines." It's wedges that pass a discretionary trader's quality bar. You skip the noise and trade the structurally sound setups.
A falling wedge breaking out to the upside, flagged UP CONF in the scanner table.
Log-Scale Analysis
Slope measurements distort on a linear scale when instruments differ in price. A wedge on
NQ1! and a wedge on EURUSD measure totally different slopes, even when they look identical. This scanner measures trendline slope on a logarithmic price scale by default. Detection stays consistent whether you scan a high-priced index future, a sub-1.00 FX pair, or a crypto pair below $1. Price level never skews the read.Both Sides Covered
Rising wedges classically resolve down. Falling wedges classically resolve up. That's the textbook view. An optional Reverse Breakout mode tracks counter-direction breaks too: bullish moves out of rising wedges, bearish moves out of falling ones. One tool covers continuation traders, reversal traders, and the players who trade both sides.
Webhook-Ready Execution
Every confirmed breakout can fire a TradersPost-compatible JSON alert. Full trade package included:
- Entry price, stop level, take-profit target
- Risk/reward ratio
- Auto-computed position size from account size and per-trade risk %
Three target methods are available: Fixed Risk Reward, Pattern Height, or The Larger of the Two. The alert payload matches your preferred target methodology. No downstream logic needed. You stop watching the table. The trades route themselves.
How to Use This Scanner
- Load your watchlist into the symbol slots.
- Enable the detection scales you care about. Each adds its own column pair.
- Choose your trade direction: long, short, or both.
- Decide whether to include reverse, counter-direction breakouts.
- Watch the table for cells advancing to the confirmed-breakout state.
- Drop to that chart. Manage the trade with the calculated entry, stop, and target.
Default watchlist covers
NQ1!, ES1!, YM1!, GC1!, SI1!, CL1!, EURUSD, BTCUSDT.P, NVDA, $NASDAQ:GOOG. Ten more slots open. Works on any timeframe. Larger scales suit swing structure. Smaller scales catch intraday compressions.What Makes This Different
A basic screener tells you a wedge exists. This one goes further in five ways:
- Full lifecycle tracking — Surfaces patterns from formation through breakout, confirmation, or invalidation. You see what's compressing now, not just what already broke out.
- Three concurrent detection scales — Minor compressions and structural wedges side by side. When scales align, conviction goes up.
- Proprietary swing engine — Purpose-built for structural pattern recognition. Precision trendline construction across an entire watchlist.
- Log-scale-adjusted detection — Slope measurements stay consistent across instruments that differ widely in price. Index future or crypto pair, same detection quality.
- Webhook-ready execution — Confirmed breakouts fire TradersPost-compatible JSON with stop, target, RR, and position size. Closes the loop from detection to order routing.
A confirmed breakout running up into its projected target zone.
Key Settings
- Trade Directions — long, short, or both. Default: Long + Short
- Reverse Breakout — also flags breakouts against the wedge's classic direction. Default: off
- Detection Sizes 1-3 — independent swing scales, each with its own max pattern length and table columns. Default: all three on
- Use Log Scale — measures trendline slope on a logarithmic price scale for instrument-agnostic accuracy. Default: on
- Target Type — fixed risk-reward, pattern height, or the larger of the two. Default: Fixed Risk Reward
- Custom Alert Message — optional broker-ready JSON template with risk-based position sizing. Default: off
All visual elements (colors, line styles, widths) are fully customizable.
A complete wedge scanning framework in a single dashboard. Chart-level detection quality across your entire watchlist. From first compression to confirmed breakout.
Risk Disclaimer
The content, tools, scripts, articles, and educational resources offered by TRN Trading are intended solely for informational and educational purposes. Remember, past performance does not ensure future outcomes.
유료 공간에서 이용 가능
이 지표는 Chart Patterns Pro (incl. Scanner) 구독자만 이용할 수 있습니다. 가입하여 TRN-Trading의 스크립트를 포함하여 다양한 스크립트에 접근하세요.
Get Instant Access NOW: trntrading.ai?el=tvpostsign
Join Our Free Discord: discord.gg/JmPJkKtE8Q
Documentation: trntrading.ai/docs
Join Our Free Discord: discord.gg/JmPJkKtE8Q
Documentation: trntrading.ai/docs
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
유료 공간에서 이용 가능
이 지표는 Chart Patterns Pro (incl. Scanner) 구독자만 이용할 수 있습니다. 가입하여 TRN-Trading의 스크립트를 포함하여 다양한 스크립트에 접근하세요.
Get Instant Access NOW: trntrading.ai?el=tvpostsign
Join Our Free Discord: discord.gg/JmPJkKtE8Q
Documentation: trntrading.ai/docs
Join Our Free Discord: discord.gg/JmPJkKtE8Q
Documentation: trntrading.ai/docs
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.