Abstract: A system for detecting filament and needle breakage, including: an image acquisition module, an image processing module and a host computer detection module. The image acquisition module includes a light source, a camera and a lens. The image processing module includes a preprocessing submodule and a detection model. The host computer detection module includes a shutdown control-data interaction submodule of a warp knitting machine, a sensor control board, and a system operation interface. The image acquisition module captures a blanket knitting image at a knitting mechanism of the warp knitting machine. The image processing module pre-processes the blanket knitting image and detects filament and needle breakage. The host computer detection module controls a textile device according to detection results to generate an alarming information. A detection method implemented by the system is further provided.