In a medium heavy saucepan, cook and stir the vanilla caramels and cream over medium-low heat until they are melted and smooth.
Reduce the heat to low.
Coat Pretzels with Caramel:
Spoon the hot caramel mixture over three-fourths of each pretzel rod, turning the pretzel to coat and shaking off excess caramel back into the pan.
Roll the coated portion of the pretzel in the chopped nuts.
Place the coated pretzels on the prepared cookie sheet.
Let them stand for 30 minutes or until the caramel is set.
Prepare the Coating:
Transfer the coated pretzels to waxed paper.
In a small heavy saucepan, cook and stir the vanilla-flavor candy coating and 1/2 teaspoon of the shortening over low heat until they are melted and smooth.
In another small heavy saucepan, cook and stir the chocolate-flavor candy coating and the remaining 1/2 teaspoon of shortening over low heat until they are melted and smooth.
Pipe the Coating:
Spoon the melted vanilla and chocolate coatings into separate heavy resealable plastic bags, then snip a small hole in one corner of each bag.
Decorate the Pretzels:
Pipe the melted vanilla and chocolate coatings over the coated portion of each pretzel.
Return the coated pretzels to the cookie sheet.
Set and Serve:
Let the pretzels stand for 30 minutes or until the coatings are set.
Notes / Tips / Wine Advice:
Storage:
Layer the coated pretzels between sheets of waxed paper in an airtight container. You can store them at room temperature for up to 3 days or in the refrigerator for up to 1 week.Enjoy these Triple-Treat Pretzel Rods, a delightful combination of sweet caramel, crunchy nuts, and luscious chocolate coatings on a salty pretzel base!