The automatic Wolfe Wave Scanner

Our Wolfe Wave Scanner searches over 700 markets around the clock for the 5-point pattern and delivers every valid signal with Entry, Stop Loss and Target Line – without hours of chart study.

What is a Wolfe Wave Scanner?

A Wolfe Wave Scanner is a program that automatically searches price charts for one specific pattern: the Wolfe Wave. This is a 5-point wedge formation built on fixed geometric rules with a calculable price target. By hand, such patterns are tedious to find – you would have to watch hundreds of charts across multiple markets and timeframes at once. That is exactly what the scanner does: it checks the geometry of every formation in a fraction of a second and only reports patterns that are genuinely clean.

The key advantage over a manual approach is consistency. A human misses patterns, gets tired, or interprets the same formation differently on different days. A scanner always applies exactly the same rules – objectively, around the clock and across all markets. Learn more about the pattern itself in our guide What are Wolfe Waves?

How our scanner works

Our scanner runs permanently on a server and continuously analyses over 700 instruments. As soon as five price points form the typical Wolfe Wave arrangement, it checks a set of strict quality criteria: do the wedge lines converge cleanly? Is the symmetry of the individual waves correct? Is the projected price target realistic? Only patterns that pass every test become a signal.

700+ instruments

DAX, NASDAQ, NYSE, Forex and Crypto – in parallel and non-stop.

Multiple timeframes

From M15 to the weekly chart – higher timeframes are considered more reliable.

Strict rules

Geometry, symmetry and price target are checked objectively.

Clear plan

Every signal with Entry, Stop Loss and Target Line.

What every signal contains

So a signal is directly tradable, the scanner delivers exactly three values for each detected pattern:

In addition, the scanner generates a chart image for every signal showing the wedge, the five points and the Target Line. So you can judge the quality of a pattern yourself before you make a decision. You'll find all current hits anytime under Signals.

An example

Suppose the scanner finds a bearish Wolfe Wave on the DAX hourly chart. Point 5 briefly shoots above the trend line – the typical overshoot. As soon as price turns back and breaks the 1-3 line again, the scanner marks the Entry, sets the Stop Loss tightly above it and projects the Target Line on the 1-4 line. You get the finished setup including the chart image and decide for yourself whether to trade it. If price reaches the Target Line the signal counts as a win; if the Stop Loss is hit first, as a loss – and that's exactly how it feeds transparently into our performance statistics.

Benefits of an automatic scanner

Limits – honestly considered

A scanner is a tool, not a magic bullet. It detects patterns reliably but cannot see the future: not every signal reaches its Target Line, and losses are part of trading. The scanner also doesn't replace your own risk management – how much capital you put into each position is your decision. We publish the real win rate openly so you have realistic expectations. The signals are explicitly not investment advice, but an information basis for your own decisions.

Wolfe Wave Scanner vs. a classic indicator

Many traders know indicators like moving averages or the RSI. These compute values from price action and show them as a line or oscillator – but they don't detect geometric patterns. A Wolfe Wave Scanner works fundamentally differently: it looks for a concrete shape in the chart and delivers a complete trading plan with every hit – Entry, Stop Loss and Target Line. Instead of "the RSI is overbought" you get a clear, immediately actionable statement: here is a pattern, here is your entry, here is your protection, this is your target.

Another difference is coverage. You attach an indicator to a single chart. The scanner, by contrast, watches hundreds of markets at once and only alerts you when a valid pattern actually forms. So you don't have to search yourself – the signals come to you.

Which timeframes work best?

Wolfe Waves appear on all timeframes, but not all are equally reliable. Very short timeframes produce more noise, and many patterns dissolve quickly. On higher timeframes – such as H1, H4 or the daily chart – the formations are usually cleaner and more stable because more market participants are involved. Our scanner covers multiple timeframes from M15 upward, so you can find both intraday setups and calmer swing opportunities. In the signal overview you can filter by timeframe anytime and focus on the ranges that suit your trading style.

Frequently asked questions

What is a Wolfe Wave Scanner?

A program that automatically searches charts for the Wolfe Wave pattern and marks valid formations with Entry, Stop Loss and Target Line.

Which markets does the scanner cover?

Over 700 instruments across DAX, NASDAQ, NYSE, Forex and Crypto in multiple timeframes from M15.

Is the scanner free?

You can start free and view three current signals. The full signal stream is unlocked by Premium for €9.99/month.

Do I need to install software?

No. The scanner runs on our server; you simply see the results in your browser.

Summary

The Wolfe Wave Scanner takes the most tedious work off your hands: spotting clean chart patterns across hundreds of markets. It checks every formation against strict, objective rules and gives you ready-made setups with Entry, Stop Loss and Target Line – including a chart image and transparent track record. Start free with three current signals and see the quality for yourself.

Try the scanner free now

View three current signals for free – no sign-up.

View current signals

More: How the scanner works · Learn Wolfe Waves · Pricing