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VSA v2 Indicator is about reading the market and mapping it out to give you a better understanding of what it might do next. The color code for the bars and their meanings are:
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 or on range).Free Download Now!
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