VSA Candle Indicator for MT5

 

The VSA text indicator is based upon what is known as the “volume spread analysis” indicator. Volume spread analysis is basically a tool to discover the correlation of price in relation to volume, in order to determine the short-term outcome of price action, in other words, where the market might be moving next.

The vertical text shown next to candles on your MT4 chart, tells you where the money is, and very importantly, where it ISN'T. In trading, identifying money flow is vital when it comes to making the best trading decisions.