ZigZag HH HL LH LL Pattern Label Indicator (MT4) - MetaTrader 4 script

This indicator is an enhanced version of the standard ZigZag used in MetaTrader 4. It automatically detects and marks structural price points: higher high (HH), higher low (HL), lower high (LH) and lower low (LL). The indicator draws lines between trending ZigZag points and prints market structures on the chart in real time. Suitable for: • Market structure analysis (HH, HL, LH, LL) • Pattern recognition (Head and Shoulders Patterns, Quasimodo Patterns, Structural Breaks) • Trend continuation/reversal confirmations • Dashboard scanners and multi-timeframe systems The code has been optimized to eliminate warnings, use only MQL4-compatible features and ensure clean object management through timeframe markers. Suitable for manual traders, system builders and EA developers. - Free download of the "ZigZag HH HL LH LL Pattern Label Indicator (MT4)" indicator for MetaTrader 4 in the MQL5 code base, presented by "adam50", November 17, 2025

Attachment download

📎 ZigZag_HHHL_LHLL.mq4 (8.08 KB)

Source: MQL5 #66106