: In this paper, we propose a novel approach to heart rate (HR) detection based on the evaluation of oscillatory patterns of continuous wavelet transform as a method of time-frequency analysis. HR detection based on electrocardiogram (ECG) or photoplethysmogram (PPG) signals can be performed using the same technique. : The developed approach was tested on ECG (lead V1) and PPG (standard recording on the ring finger of the left hand and differential signal) for 10 min in 40 generally healthy volunteers (aged 26.8 ± 3.22 years). A comparison was made with the traditional HR detection method based on R-peak shape analysis. : Based on a number of statistical evaluations, the comparison yielded an acceptable degree of agreement between the results of the proposed method and the traditional method (the discrepancy between the results did not exceed 3.41%). The distortion of the signal shape and its noise do not affect the quality of HR detection by the proposed method; so, additional filtering or changes in the implemented algorithm are not required, as demonstrated by processing both the differential PPG signal and the PPG signals recorded during the patient's walking. : The proposed method allows obtaining HR information with a higher equidistant sampling frequency and expansion of the information on the frequency composition of HRV.