As one of the key technologies of electromagnetic spectrum operations, radar waveform recognition is an important basis for judging the threat degree of enemy’s weapons. At present, it is difficult to recognize the waveform at low signal‐to‐noise ratio (SNR), and the theoretical simulation is used in most research studies, which leads to the problem that the engineering practicality of the algorithm is poor. In this paper, a two‐stream convolutional network radar waveform recognition (TCNRWR) algorithm that fuses the original time–frequency image and the continuous frames autocorrelation time–frequency image is proposed, and an experimental platform is built by using software defined radio technology. Compared with traditional theoretical simulations, this paper focusses on the influence of spatial background interference and signal incompleteness on the recognition of intra‐pulse signals, and proposes an automatic removal method of invalid signal in the time–frequency domain. In order to further improve the recognition rate at low SNR, a deeper feature of short‐time autocorrelation flow is excavated, and a two‐stream time–frequency images fusion convolutional network (TTIFCNet) is constructed. The network effectively fuses the pre‐classification results of the two streams through Softmax layer and different weights. Finally, the hardware platform HackRF is used to realize the communication and processing of signals in real space, which proves the effectiveness of the TCNRWR algorithm.