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Description
ValueBars(SM) are a color-keyed graphic overlay that converts traditional price bars into a powerful charting system that communicates market valuation in addition to market cost history. Specifically, ValueBarsSM define market valuation by coloring each price bar segment to correspond with one of the five ValueCharts® valuation zones. Valuation zones are color-keyed in order to allow investors to quickly and easily identify current market valuation. With ValueBarsSM, traders now have the ability to identify market valuation without needing to view ValueCharts®. By plotting color-keyed price bars that correspond with the five ValueCharts® valuation zones, traders can quickly identify market valuation levels and, more importantly, identify new trading opportunities.
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