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Consolidation and H&S Scanner

The Consolidation & Head and Shoulders Scanner is a powerful market analysis tool designed to identify and track consolidation patterns and Head and Shoulders (H&S) patterns in real-time. This advanced scanner helps traders spot potential breakout opportunities and reversals by monitoring multiple symbols and timeframes simultaneously.

Real-time Market Scanner Interface

Supported Patterns​

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Consolidation and Range Pattern

Identifies consolidation zones (ranges) where the price is moving sideways, signaling potential breakouts.

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Head and Shoulders Pattern

Detects both traditional (bearish) and inverse (bullish) Head and Shoulders patterns, which are key reversal patterns.

Features​

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Multi-Symbol Scanning

Scan up to 40 symbols simultaneously to monitor multiple assets and timeframes for pattern detection.

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Customizable Settings

Fine-tune pattern detection parameters, risk-reward ratios, and visualization options to match your trading strategy.

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Alert System

Set up custom alerts for pattern formation, breakouts, and confirmations across multiple symbols.

FAQ​

How many symbols can I scan simultaneously?​

The scanner supports up to 20 symbols simultaneously, allowing you to monitor multiple markets and timeframes efficiently.

Which timeframes work best with the scanner?​

The scanner works effectively on all timeframes from 1-minute to monthly charts. However, the most reliable patterns typically form on 15-minute timeframes and above.

Can I customize alert conditions?​

Yes! You can customize alerts for pattern formation, breakouts, and risk management. Learn more about alert configuration.

Next Steps​

Scanner Settings Guide

Learn how to configure and optimize your scanner settings for maximum effectiveness

Alert Configuration

Set up custom alerts to never miss important pattern formations and breakouts