N4 TF HAS Bar

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Author: Copyright � 2006, Eli hayun
N4 TF HAS Bar

This script is designed to provide a multi-timeframe visual summary of market trends directly on your trading chart. Instead of forcing you to switch between different timeframes manually, it pulls data from four distinct timeframes simultaneously and displays them as synchronized indicators.

Core Logic Overview

1. Dynamic Timeframe Selection The script automatically detects which timeframe you are currently viewing (e.g., 1-minute, 1-hour, Daily). Based on your current view, it selects a logical sequence of four higher timeframes to monitor. For example, if you are looking at a 15-minute chart, it will automatically calculate data for the 30-minute, 1-hour, 4-hour, and Daily charts.

2. Trend Analysis via Heiken Ashi Smoothing To determine whether the trend is "Up" or "Down," the script uses a specialized technical analysis method called "Heiken Ashi Smoothed." It specifically looks at the relationship between the "Open" and "Close" values of these smoothed candles:

  • If the smoothed opening price is higher than the closing price, it identifies a downward movement.
  • If the smoothed opening price is lower than the closing price, it identifies an upward movement.

3. Visual Representation The script plots these four different trends as visual markers (arrows/bars) in a separate window at the bottom of your screen:

  • Color Coding: It uses standard convention where Blue typically represents an upward trend and Red represents a downward trend.
  • Layered Display: To keep the information organized, the four timeframes are stacked vertically with specific gaps between them. This allows you to see at a glance if all timeframes agree on the direction of the market (confluence) or if they are providing conflicting signals.
  • Labels: The script dynamically generates text labels for each row so you can easily identify which row corresponds to which timeframe (e.g., M15, H1, D1, etc.).

Summary of User Experience

When you load this on a chart, you don't need to worry about the "big picture" vs. the "small picture." You can stay on your preferred trading timeframe while the script constantly updates four rows of data. If all four rows show Blue, it suggests a strong multi-timeframe bullish trend; if they are mixed, it alerts you to potential market complexity or reversal zones.

Miscellaneous
Implements a curve of type %1
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N4 TF HAS Bar 
//+------------------------------------------------------------------+
//|                                                  4TF HAS Bar.mq4 |
//|                  Modified by Matsu, from #MTF Supertrend Bar.mq4 |
//|                                      Copyright © 2006, Eli hayun |
//|                                          http://www.elihayun.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Eli hayun"
#property link      "http://www.elihayun.com"

#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 5
#property indicator_buffers 8
#property indicator_color1 Red
#property indicator_color2 Blue
#property indicator_color3 Red
#property indicator_color4 Blue
#property indicator_color5 Red
#property indicator_color6 Blue
#property indicator_color7 Red
#property indicator_color8 Blue

//---- parameters
extern int MaMetod  = 2;
extern int MaPeriod = 6;
extern int MaMetod2  = 3;
extern int MaPeriod2 = 2;
extern int BarWidth = 0;
extern color BarColorUp = Blue;
extern color BarColorDown = Red;
extern color TextColor = White;
extern int MaxBars=500;

double Gap = 1; // Gap between the lines of bars
//---- buffers
double buf4_up[];
double buf4_down[];
double buf3_up[];
double buf3_down[];
double buf2_up[];
double buf2_down[];
double buf1_up[];
double buf1_down[];
double haOpen;
double haClose;
double haOpen2;
double haClose2;


string shortname = "";


int ArrSize = 110;//159;
int UniqueNum = 2282;
int Period_1, Period_2, Period_3, Period_4;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
  
  
   SetIndexStyle(0,DRAW_ARROW,1,BarWidth,BarColorUp);
   SetIndexArrow(0,ArrSize);
   SetIndexBuffer(0,buf1_up);
   SetIndexEmptyValue(0,0.0);
   SetIndexStyle(1,DRAW_ARROW,1,BarWidth,BarColorDown);
   SetIndexArrow(1,ArrSize);
   SetIndexBuffer(1,buf1_down);
   SetIndexEmptyValue(1,0.0);
   SetIndexStyle(2,DRAW_ARROW,1,BarWidth,BarColorUp);
   SetIndexArrow(2,ArrSize);
   SetIndexBuffer(2,buf2_up);
   SetIndexEmptyValue(2,0.0);
   SetIndexStyle(3,DRAW_ARROW,1,BarWidth,BarColorDown);
   SetIndexArrow(3,ArrSize);
   SetIndexBuffer(3,buf2_down);
   SetIndexEmptyValue(3,0.0);
   SetIndexStyle(4,DRAW_ARROW,1,BarWidth,BarColorUp);
   SetIndexArrow(4,ArrSize);
   SetIndexBuffer(4,buf3_up);
   SetIndexEmptyValue(4,0.0);
   SetIndexStyle(5,DRAW_ARROW,1,BarWidth,BarColorDown);
   SetIndexArrow(5,ArrSize);
   SetIndexBuffer(5,buf3_down);
   SetIndexEmptyValue(5,0.0);
   SetIndexStyle(6,DRAW_ARROW,1,BarWidth,BarColorUp);
   SetIndexArrow(6,ArrSize);
   SetIndexBuffer(6,buf4_up);
   SetIndexEmptyValue(6,0.0);
   SetIndexStyle(7,DRAW_ARROW,1,BarWidth,BarColorDown);
   SetIndexArrow(7,ArrSize);
   SetIndexBuffer(7,buf4_down);
   SetIndexEmptyValue(7,0.0);
   
   SetIndexLabel(0,NULL);
   SetIndexLabel(1,NULL);
   SetIndexLabel(2,NULL);
   SetIndexLabel(3,NULL);
   SetIndexLabel(4,NULL);
   SetIndexLabel(5,NULL);
   SetIndexLabel(6,NULL);
   SetIndexLabel(7,NULL);
   
   IndicatorDigits(0);
   getPeriod();
   
   shortname = "4TF-HAS ("+Period_1+","+Period_2+","+Period_3+","+Period_4+")";
   IndicatorShortName(shortname);
   
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {

   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+




int start()
  {
   int counted_bars=IndicatorCounted();
   //---- check for possible errors
   if(counted_bars<0) return(-1);
   //---- the last counted bar will be recounted
   if(counted_bars>0) counted_bars--;
   int limit=Bars-counted_bars;
   int i,tf;

   //-------------------------------1----------------------------------------   
   double dif = Time[0] - Time[1];
   for ( i=ObjectsTotal()-1; i>-1; i--)
      {
         if (StringFind(ObjectName(i),"FF_"+UniqueNum+"_") >= 0)  ObjectDelete(ObjectName(i));
      }
      
   double shift = 0.2;
   for ( tf=1; tf<=4; tf++)
      {  
         string txt = "??";
         double gp;
         switch (tf)
         {
            case 1: txt = tf2txt(Period_1);  gp = 1 + shift; break;
            case 2: txt = tf2txt(Period_2);  gp = 1 + Gap + shift; break;
            case 3: txt = tf2txt(Period_3);  gp = 1 + Gap*2 + shift; break;
            case 4: txt = tf2txt(Period_4);  gp = 1 + Gap*3 + shift; break;
         }
         string name = "FF_"+UniqueNum+"_"+tf+"_"+txt;
         ObjectCreate(name, OBJ_TEXT, WindowFind(shortname), iTime(NULL,0,0)+dif*3, gp);
         ObjectSetText(name, txt,8,"Arial", TextColor);
      }
   
   
   
   //-------------------------------2----------------------------------------
   datetime TimeArray_4[], TimeArray_3[], TimeArray_2[], TimeArray_1[];
   ArrayCopySeries(TimeArray_1,MODE_TIME,Symbol(),Period_1);
   ArrayCopySeries(TimeArray_2,MODE_TIME,Symbol(),Period_2);
   ArrayCopySeries(TimeArray_3,MODE_TIME,Symbol(),Period_3); 
   ArrayCopySeries(TimeArray_4,MODE_TIME,Symbol(),Period_4);
   
   int  i1=0, i2=0, i3=0, i4=0, yy;

  // for(i=0, i1=0,  i2=0,  i3=0,  i4=0;i<MaxBars;i++)
   for(i=0, i1=0,  i2=0,  i3=0,  i4=0;i<limit;i++)
   {
      if (Time[i]<TimeArray_1[i1]) i1++;
      if (Time[i]<TimeArray_2[i2]) i2++;
      if (Time[i]<TimeArray_3[i3]) i3++;
      if (Time[i]<TimeArray_4[i4]) i4++;

      for ( tf = 1; tf <= 4; tf++)
      {
         int prd;
         switch (tf)
         {
            case 1: prd = Period_1; yy = i1;  break;
            case 2: prd = Period_2; yy = i2;  break;
            case 3: prd = Period_3; yy = i3;   break;
            case 4: prd = Period_4; yy = i4;   break;
         }
      
         haOpen = iCustom(NULL,prd,"Heiken_Ashi_Smoothed",MaMetod,MaPeriod,MaMetod2,MaPeriod2,2,yy) ;
         haClose = iCustom(NULL,prd,"Heiken_Ashi_Smoothed",MaMetod,MaPeriod,MaMetod2,MaPeriod2,3,yy) ;
            
         switch (tf)
         {  case 1: buf1_down[i]=EMPTY_VALUE;buf1_up[i]=EMPTY_VALUE;  if (haOpen>=haClose)  buf1_down[i] = 1;           else buf1_up[i] = 1;           break;
            case 2: buf2_down[i]=EMPTY_VALUE;buf2_up[i]=EMPTY_VALUE; if (haOpen>=haClose)  buf2_down[i] = 1 + Gap * 1; else buf2_up[i] = 1 + Gap * 1; break;
            case 3: buf3_down[i]=EMPTY_VALUE;buf3_up[i]=EMPTY_VALUE; if (haOpen>=haClose)  buf3_down[i] = 1 + Gap * 2; else buf3_up[i] = 1 + Gap * 2; break;
            case 4: buf4_down[i]=EMPTY_VALUE;buf4_up[i]=EMPTY_VALUE; if (haOpen>=haClose)  buf4_down[i] = 1 + Gap * 3; else buf4_up[i] = 1 + Gap * 3; break;
         }
      }
   }

   return(0);
  }
  
  
  
//+------------------------------------------------------------------+
void getPeriod()
{
   switch(Period()) 
      {
         case 1: 
            Period_1=5; Period_2=15; Period_3=30; Period_4=60;
            break;
         case 5: 
            Period_1=5; Period_2=15; Period_3=30; Period_4=60;
            break;
         case 15: 
            Period_1=15; Period_2=30; Period_3=60; Period_4=240;
            break;
         case 30: 
            Period_1=30; Period_2=60; Period_3=240; Period_4=1440;
            break;
         case 60: 
            Period_1=60; Period_2=240; Period_3=1440; Period_4=10080;
            break;
         case 240: 
            Period_1=240; Period_2=1440; Period_3=10080; Period_4=43200;
            break;
         case 1440: 
            Period_1=1440; Period_2=10080; Period_3=43200; Period_4=43200;
            break;
         case 10080: 
            Period_1=10080; Period_2=43200; Period_3=43200; Period_4=43200;
            break;
         case 43200: 
            Period_1=43200; Period_2=43200; Period_3=43200; Period_4=43200;
            break;
         
      }
}

string tf2txt(int tf)
{
   if (tf == PERIOD_M1)    return("M1");
   if (tf == PERIOD_M5)    return("M5");
   if (tf == PERIOD_M15)   return("M15");
   if (tf == PERIOD_M30)   return("M30");
   if (tf == PERIOD_H1)    return("H1");
   if (tf == PERIOD_H4)    return("H4");
   if (tf == PERIOD_D1)    return("D1");
   if (tf == PERIOD_W1)    return("W1");
   if (tf == PERIOD_MN1)   return("MN");
   
   return("??");
}


/*bool NewBar()
{
   static datetime dt = 0;
   
   if (Time[0] != dt)
   {
      dt = Time[0];
      
      return(true);
   }
   return(false);
}
*/

Dependencies

Heiken_Ashi_Smoothed

This indicator filters price volatility by applying a double-layered moving average transformation to Heiken Ashi price action, neutralizing noise while preserving trend momentum.

Heiken_Ashi_Smoothed

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