Buy Low Sell High Composite is a pane oscillator that normalizes RSI, a short-versus-long EMA difference, the MACD histogram, and the Money Flow Index onto a shared scale, then sums them into one composite.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
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Overview
Buy Low Sell High Composite plots that composite as a colored area, the MACD signal as a line, and circle markers where the MACD crosses its signal. Lengths and ranges are fixed in code, including RSI and MFI at 14 and EMAs at 5 and 35. ATR of 9 sets the price range used to scale the EMA and MACD values. It does not place trades.
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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