[ICT Sebo] Trend Point / HH/LH/HL/LL

Overview

This indicator identifies and labels structural trend points by classifying swing highs and swing lows as Higher High (HH), Lower High (LH), Higher Low (HL) or Lower Low (LL). It provides a clear and minimal visual representation of market structure progression directly on the chart.

The script is designed as a trend structure visualization tool and does not generate trade signals.

How it works

Swing points are detected using a simple two-bar reversal logic. When a swing high or swing low is confirmed, the indicator compares the new pivot price to the previously confirmed pivot of the same type.

Based on this comparison, the swing is classified as HH, LH, HL or LL. Equal highs or lows are labeled as EQ. Initial swings are used only as reference points and are not labeled.

Each valid classification is plotted directly at the pivot location using compact labels for clarity.

Visualization

Swing highs are labeled above price and swing lows are labeled below price. Bullish and bearish classifications are visually differentiated using color coding to ensure immediate readability.

The indicator focuses on clean structure labeling and avoids additional overlays or projections.

Intended use

This tool supports market structure analysis, trend evaluation and price action study. It is suitable for intraday and swing analysis and should be used in combination with broader market context and risk management.

Notes

This indicator does not predict price direction, does not provide entry or exit signals and is intended purely as a visual and analytical reference.