Another VSA indi

Description:

VSA is about reading the market and mapping it out to give you a better understanding of what it might do next.

Bars info:

• YellowGreen: We can have increasing spread and increasing volume -strong participation and price should continue in this direction.
• Red: We can have decreasing spread and increasing volume-direction move may be losing steam.
• Blue: We can have increasing spread and decreasing volume- price is moving without strong participation.
• Gray: We can have decreasing spread and decreasing volume-waiting market(dull or congested)

Using MACD:

And MTF settings: VSA 15min on H1 chart.(4x15m bars in 1 H1 bar)

regards:)