QM Pattern Indicator

The indicator creates dynamic boxes starting from the initial Low point, extending until price breaches specific conditions. Each bullish pattern is clearly marked with connecting lines and labeled points (L, H, LL, HH) for easy pattern recognition. The visual elements use customizable colors, with default dark blue boxes providing clear visibility against any chart background.

For enhanced accuracy, the indicator implements strict validation rules, including a strength parameter that ensures pattern validity by checking surrounding price action. It specifically verifies that the Higher High formation and its confirmation bars maintain price levels above the initial Low, preventing false pattern recognition.

The indicator features a comprehensive alert system optimized for timeframes M30 and above. When a new Quasimodo pattern forms, traders can receive instant notifications through multiple channels: standard MT4 alerts with customizable sound notifications, push notifications to mobile devices, and email alerts. This multi-channel alert system ensures traders never miss a potential trading opportunity, even when away from their trading station.

The indicator preserves all identified patterns across different timeframes, allowing traders to analyze bullish Quasimodo formations across multiple time periods without losing previously identified setups. Its clean interface and automatic pattern detection help traders focus on potential long trading opportunities while maintaining a clutter-free chart environment.