Scanner
Our scanner automatically searches the markets for Wolfe Wave chart patterns. Entry happens only on the pullback into the wedge (at line 1-3), then a scale-out: half at the half target (SL then to breakeven), the rest to the target line.
Step by step
This is how the process runs – from detection to the automatic entry.
The scanner runs automatically and continuously analyses 700+ instruments across five timeframes (M15, H1, H4, D1, W1). Forex, stocks, crypto, indices – everything is searched around the clock.
When certain price points line up in a typical Wolfe Wave formation, the scanner flags a possible candidate. It checks whether all five points are positioned correctly and the wedge lines converge cleanly.
Several filters review the detected pattern. Are the proportions right? Is the pattern symmetrical enough? Is the price target (EPA) realistic? Only patterns that pass all quality criteria get through.
Point 5 overshoots the lower trendline (line 1-3). The scanner does not enter immediately – it waits until price pulls back into the wedge, i.e. reaches line 1-3 again. Until then the signal stays "Waiting for entry" (Pending). 18-month backtests show this pullback entry hits more often and earns more than entering straight at point 5.
When price touches line 1-3 again, the trade goes active – entry right at the line. Stop Loss sits 5% behind it. Then scale-out: at the half target (TP1, halfway to the target line) half the position is sold and the Stop Loss is moved to breakeven – the rest can no longer turn into a loss. The second half runs to the target line (line 1-4). Size the position so 5% SL = max. $100 risk (stake ≈ $2,000).
Not investment advice: the information and signals provided on this website do not constitute investment advice, a recommendation or a solicitation to buy or sell financial instruments.
Our recommendation: always test new strategies and signals in a demo account first. Watch the signals for a while before you risk real money.
View three current signals for free – with Entry, Stop Loss and Target Line.
View current signals