MTF_4TF_Supertrend_BarM_v1

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Author: Copyright � 2006, Eli hayun
MTF_4TF_Supertrend_BarM_v1

This script is designed to provide a comprehensive "Multi-Timeframe" (MTF) overview of market trends by consolidating data from four different timeframes into a single visual indicator. Instead of forcing you to switch back and forth between different charts to see the bigger picture, this tool pulls that information onto your current screen automatically.

Core Logic and Functionality

1. Dynamic Timeframe Scaling The script is intelligent enough to understand which timeframe you are currently viewing. Based on your active chart, it automatically selects a logical sequence of four related timeframes. For example, if you are looking at a 15-minute chart, it will pull data from the 1-minute, 5-minute, 30-minute, and 1-hour charts. This ensures that the "big picture" always stays relevant to your current trading focus.

2. Trend Detection (Supertrend Integration) The script relies on a "Supertrend" calculation as its primary engine. It looks at two specific data points from each of the four timeframes: the opening and closing trends. By analyzing these, it determines whether the market is in an "Up" (Bullish) or "Down" (Bearish) state for every timeframe simultaneously.

3. Visual Organization To keep the visual display clean and easy to read, the script organizes the four timeframes into a stacked layout:

  • It assigns specific colors to represent different directions (typically Lime/Green for Up trends and Red for Down trends).
  • It creates a vertical "stack" of bars or indicators with defined spacing (Gaps). This allows you to see the hierarchy of the trend—for instance, you can quickly identify if the smaller timeframes are moving in harmony with the larger ones, or if a reversal is beginning on a minor timeframe while the major trend remains intact.

4. Automated Labeling To ensure the user never gets confused about which data belongs to which timeframe, the script generates text labels. These labels automatically display the correct timeframe name (e.g., "H1", "M30") next to their respective visual indicators, making the dashboard intuitive and self-explanatory.

Summary of User Experience

When you apply this tool, you are essentially creating a "dashboard" on your chart. It scans four different timeframes in the background, calculates the trend for each, and plots them as a organized stack of colored indicators. This allows a trader to see the synchronization of multiple market cycles at a single glance, facilitating better decision-making regarding market momentum and trend alignment.

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Implements a curve of type %1
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MTF_4TF_Supertrend_BarM_v1 
//+-----------------------------------------------------------------------------------------+
//|                                                             MTF_4TF_Supertrend_BarM.mq4 |
//|                               Modified  from: FF Add-on to be used with 4TF HAS Bar.mq4 |
//|                                         Modified by Matsu, from #MTF Supertrend Bar.mq4 |
//|               M:Up/Dn TF[0/TF+4](inc.order top to bottom)ik 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 Lime
#property indicator_color3 Red
#property indicator_color4 Lime
#property indicator_color5 Red
#property indicator_color6 Lime
#property indicator_color7 Red
#property indicator_color8 Lime
//---- parameters
//extern int MaMetod  = 2;
//extern int MaPeriod = 6;
//extern int MaMetod2  = 3;
//extern int MaPeriod2 = 2;
extern int BarWidth=0;//3;
extern color UpBarColor=Blue;
extern color DownBarColor=Red;
extern color TextColor=White;
//----
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;
/*
extern int Period_1 = 15;
extern int Period_2 = 30;
extern int Period_3 = 60;
extern int Period_4 = 240;
extern bool AutoDisplay      = false;
*/
string shortname="";
bool firstTime=true;
//----
int ArrSize=110;//112;//168;//158;//159;
int UniqueNum=228;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   //SetAutoDisplay();
   firstTime=true;
   //IndicatorShortName(shortname);
//---- indicators
   SetIndexStyle(0,DRAW_ARROW,0,BarWidth,UpBarColor);
   SetIndexArrow(0,ArrSize);
   SetIndexBuffer(0,buf1_up);
   SetIndexEmptyValue(0,0.0);
   SetIndexStyle(1,DRAW_ARROW,0,BarWidth,DownBarColor);
   SetIndexArrow(1,ArrSize);
   SetIndexBuffer(1,buf1_down);
   SetIndexEmptyValue(1,0.0);
   SetIndexStyle(2,DRAW_ARROW,0,BarWidth,UpBarColor);
   SetIndexArrow(2,ArrSize);
   SetIndexBuffer(2,buf2_up);
   SetIndexEmptyValue(2,0.0);
   SetIndexStyle(3,DRAW_ARROW,0,BarWidth,DownBarColor);
   SetIndexArrow(3,ArrSize);
   SetIndexBuffer(3,buf2_down);
   SetIndexEmptyValue(3,0.0);
   SetIndexStyle(4,DRAW_ARROW,0,BarWidth,UpBarColor);
   SetIndexArrow(4,ArrSize);
   SetIndexBuffer(4,buf3_up);
   SetIndexEmptyValue(4,0.0);
   SetIndexStyle(5,DRAW_ARROW,0,BarWidth,DownBarColor);
   SetIndexArrow(5,ArrSize);
   SetIndexBuffer(5,buf3_down);
   SetIndexEmptyValue(5,0.0);
   SetIndexStyle(6,DRAW_ARROW,0,BarWidth,UpBarColor);
   SetIndexArrow(6,ArrSize);
   SetIndexBuffer(6,buf4_up);
   SetIndexEmptyValue(6,0.0);
   SetIndexStyle(7,DRAW_ARROW,0,BarWidth,DownBarColor);
   SetIndexArrow(7,ArrSize);
   SetIndexBuffer(7,buf4_down);
   SetIndexEmptyValue(7,0.0);
   //
   IndicatorDigits(0);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   //SetAutoDisplay();
   //   shortname = "# Forex Freedom("+Period_1+","+Period_2+","+Period_3+","+Period_4+")";
   firstTime=true;
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int    counted_bars=IndicatorCounted();
   int i=0, y15m=0, y4h=0, y1h=0, y30m=0, yy;
   int limit=Bars-counted_bars;
   int Period_1, Period_2, Period_3, Period_4;
   switch(Period())
     {
      case 1:
         Period_1=1; Period_2=5; Period_3=15; Period_4=30;
         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;
     }
   shortname="MTF_4TF_Supertrend_BarM("+Period_1+","+Period_2+","+Period_3+","+Period_4+")";
   IndicatorShortName(shortname);
//----
   SetIndexLabel(0,"MTF_ST,"+Period_4+"");
   SetIndexLabel(1,"MTF_SV,"+Period_4+"");
   SetIndexLabel(2,"MTF_ST,"+Period_3+"");
   SetIndexLabel(3,"MTF_ST,"+Period_3+"");
   SetIndexLabel(4,"MTF_ST,"+Period_2+"");
   SetIndexLabel(5,"MTF_ST,"+Period_2+"");
   SetIndexLabel(6,"MTF_ST,"+Period_1+"");
   SetIndexLabel(7,"MTF_ST,"+Period_1+"");
   datetime TimeArray_4H[], TimeArray_1H[], TimeArray_30M[], TimeArray_15M[];
//----
   if (firstTime || NewBar())
     {
      firstTime=false;
      int win=UniqueNum; // WindowFind(shortname);
      double dif=Time[0] - Time[1];
      for(int ii=ObjectsTotal()-1; ii>-1; ii--)
        {
         if (StringFind(ObjectName(ii),"FF_"+win+"_")>=0)
            ObjectDelete(ObjectName(ii));
         else
            ii=-1;
        }
      double shift=0.2;
      for(ii=0; ii<4; ii++)
        {
         string txt="??";
         double gp;
         switch(ii)
           {
            case 0: txt=tf2txt(Period_4);  gp=1 + shift;
               break;
            case 1: txt=tf2txt(Period_3);  gp=1 + Gap + shift;
               break;
            case 2: txt=tf2txt(Period_2);  gp=1 + Gap*2 + shift;
               break;
            case 3: txt=tf2txt(Period_1);  gp=1 + Gap*3 + shift;
               break;
           }
         string name="ST_"+win+"_"+ii+"_"+txt;
         ObjectCreate(name, OBJ_TEXT, WindowFind(shortname),
iTime(NULL,0,0)+dif*3, gp);
         ObjectSetText(name, txt,6,"Arial", TextColor);
        }
     }
   ArrayCopySeries(TimeArray_4H,MODE_TIME,Symbol(),Period_4);
   ArrayCopySeries(TimeArray_1H,MODE_TIME,Symbol(),Period_3);
   ArrayCopySeries(TimeArray_30M,MODE_TIME,Symbol(),Period_2);
   ArrayCopySeries(TimeArray_15M,MODE_TIME,Symbol(),Period_1);
//----
   for(i=0, y15m=0,  y4h=0,  y1h=0,  y30m=0;i<limit;i++)
     {
      if (Time[i]<TimeArray_15M[y15m]) y15m++;
      if (Time[i]<TimeArray_4H[y4h])   y4h++;
      if (Time[i]<TimeArray_1H[y1h])   y1h++;
      if (Time[i]<TimeArray_30M[y30m]) y30m++;
      for(int tf=0; tf < 4; tf++)
        {
         int prd;
         switch(tf)
           {
            case 0: prd=Period_1; yy=y15m;  break;
            case 1: prd=Period_2; yy=y30m;  break;
            case 2: prd=Period_3;  yy=y1h;   break;
            case 3: prd=Period_4;  yy=y4h;   break;
           }
         haOpen=iCustom(NULL,prd,"Supertrend",1,yy) ;
         haClose=iCustom(NULL,prd,"Supertrend",0,yy) ;
//----
         double dUp=EMPTY_VALUE; //   iCustom(NULL, prd, "SuperTrend", false, 1, yy);
         double dDn=EMPTY_VALUE; //iCustom(NULL, prd, "SuperTrend", false, 0, yy);
         if (haOpen<haClose) dDn=1; else dUp=1;
         switch(tf)
           {
            case 3: if (dUp==EMPTY_VALUE)  buf1_down[i]=1;
               else buf1_up[i]=1; break;
            case 2: if (dUp==EMPTY_VALUE)  buf2_down[i]=1 + Gap *
                  1; else buf2_up[i]=1 + Gap * 1; break;
            case 1: if (dUp==EMPTY_VALUE)  buf3_down[i] =1 + Gap *
                  2; else buf3_up[i] =1 + Gap * 2; break;
            case 0: if (dUp==EMPTY_VALUE)  buf4_down[i] =1  + Gap *
                  3; else buf4_up[i] =1 + Gap * 3; break;
           }
        }
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+
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("MN1");
//----
   return("??");
  }
/*void SetValues(int p1, int p2, int p3, int p4)
{
   Period_1 = p1;   Period_2 = p2; Period_3 = p3; Period_4 = p4; 
}
void SetAutoDisplay()
{
   if (AutoDisplay)
   {
      switch (Period())
      {
         case PERIOD_M1  :  SetValues(PERIOD_M1,  PERIOD_M5, 
PERIOD_M15,PERIOD_M30); break;
         case PERIOD_M5  :  SetValues(PERIOD_M5,  PERIOD_M15,PERIOD_M30,PERIOD_H1); break;
         case PERIOD_M15 :  SetValues(PERIOD_M5,  PERIOD_M15,PERIOD_M30,PERIOD_H1); break;
         case PERIOD_M30 :  SetValues(PERIOD_M5,  PERIOD_M15,PERIOD_M30,PERIOD_H1); break;
         case PERIOD_H1  :  SetValues(PERIOD_M15, PERIOD_M30,PERIOD_H1, PERIOD_H4); break;
         case PERIOD_H4  :  SetValues(PERIOD_M30, PERIOD_H1, PERIOD_H4, PERIOD_D1); break;
         case PERIOD_D1  :  SetValues(PERIOD_H1,  PERIOD_H4, PERIOD_D1, PERIOD_W1); break;
         case PERIOD_W1  :  SetValues(PERIOD_H4,  PERIOD_D1, PERIOD_W1,PERIOD_MN1); break;
         case PERIOD_MN1 :  SetValues(PERIOD_H4,  PERIOD_D1, PERIOD_W1,PERIOD_MN1); break;
      }
   }
}
*/
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
bool NewBar()
  {
   static datetime dt=0;
   if (Time[0]!=dt)
     {
      dt=Time[0];
      return(true);
     }
   return(false);
  }
//+------------------------------------------------------------------+

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