Monitoring the stability of measures dispersion from a process quality parameter is an important aspect of Statistical Process Control which should be carefully planned by practitioners. To perform this task, this paper proposes an adaptive EWMA chart as a practical and efficient tool. The developed EWMA chart is the Variable Sample Size (VSS) version of a static S2-EWMA control chart previously developed by one of the authors to monitor the sample variance. The way to compute the design parameters of this VSS S2-EWMA control chart is discussed and an optimal design strategy based on the Average Time to Signal (ATS) after a shift in process dispersion is presented. The statistical performance of the VSS S2-EWMA has been evaluated by means of a comparison with two other EWMA charts: the static S2-EWMA and the adaptive (VSI) S2-EWMA allowing to vary the sampling intervals. The obtained results show how the possibility of varying the sample size significantly improves the statistical performance over the static S2-EWMA; furthermore, some interesting findings suggest to implement the VSS S2-EWMA with respect to the VSI S2-EWMA when some particular process operating conditions occur.