The identification features of composite pseudocode phase modulation and carry frequency modulation signal in-clude pseudocode and modulation frequency. In this paper, PWD is used to extract these features. First, the feature of pseudocode is extracted using the amplitude output of PWD and the correlation filter technology. Then the feature of fre-quency modulation is extracted by way of PWD analysis on the signal processed by anti-phase operation according to the extracted feature of pseudo code, i.e. position information of changed abruptly point of phase. The simulation result shows that both the features of frequency modulation and phase change position caused by the pseudocode phase modula-tion can be extracted effectively for SNR = 3 dB.