Percentage Channel (PCC) is a VTL indicator that uses a
certain percentage value of the price to draw the channel. As price moves
upward or downward, the PCC shows trading opportunities. It is a trend
following indicator, and the signals make good profits on long-lasting trends.
Traders can open a buy position when price establishes above
the upper channel line. A short position is opened when price trade below the
lower channel.
To use Percentage Channel Indicator download it from HERE,
then place it at VertexFX VTL directory: C:\ProgramData\VertexFX Client
Terminals\"Company name"\VTL10\Local VTL Scripts
Then right-click on
the tree and select refresh or restart your client station and you will find
under VTL local scripts in your client terminal.