I have been looking for an indicator that will help determine the trend turning point quickly and easily. So I came to the script called Vector Flow Channel. The original version is Version 2, but I have improved it to be able to use it in Multi-Timeframe and has a frame on top.
How to use The red Top Vector line will run from the top point, gradually decreasing. The green Bottom Vector line will run from the bottom point, gradually increasing. We will use these two lines as a frame to break out whether to change the trend or not.
The advantage is that the line will gradually narrow, so when it breaks out, we will not have to wait for it to run a lot first. Setting the Stop Loss or Hedging Profit point will be faster.
The disadvantage is that there will be False Break Out. Sometimes it hits the line, but it does not go down, but continues to run up. It is recommended that when it hits, set the point to buy back.