Most conventional protection relays are based on processing information in the spectrum that is close to or at power frequency. It is, however, widely known that faults on transmission lines produce frequency components of a wide range. High frequency signals caused by sudden changes in system voltage that occurs in the immediate post-fault period are generally outside the bandwidth of receptibility of most protection scheme. In this respect, a specially designed stack tuner is connected to the coupling capacitor of CVT, in order to capture the high frequency signals. Digital signal processing is then applied to the captured information to determine whether the fault is inside or outside the protected zone, and to discriminate the fault type. In this paper, modal transform is not applied to fault generated signals, because signals which are converted by modal transform are not have an information of each phase any longer. Instead, using peak voltage value of data windows is able to discriminate fault type. The paper concludes by presenting fault detection and discrimination of various faults on transmission line which are based on extensive simulation studies carried out on a typical 154kV Korean transmission line, using the EMTP software.