Instructions For The Tig Value Chart

Instructions for the TiG Value Chart
TIG Value Chart

Version 1.1 June 2011
INSTRUCTIONS FOR THE TIG VALUE CHART

A Value Chart indicator is designed to provide an indication of price levels relative to what can be considered as fair value. It aims to show when the price of a particular security moves into overbought (above fair value) or oversold (below fair value) territory, which can be extremely useful information to a trader.
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Table of Contents
Disclaimer .............................................................................................................................................................. 3 Policies ..................................................................................................................................................................... 4 Welcome .................................................................................................................................................................. 5 Getting Started ..................................................................................................................................................... 6 PC Requirements ............................................................................................................................................ 6 Choosing a brokerage or financial spread betting company .................................................. 6 Choosing a charting platform.................................................................................................................. 6 A word of warning ......................................................................................................................................... 6 Installation and Setup .................................................................................................................................. 7 TiG Easy Install ........................................................................................................................................... 7 The TiG Value Chart Indicator...................................................................................................................... 8 Input settings for the TiG Value Chart Indicator ............................................................................. 10 Contact Us ........................................................................................................................................................... 11
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Disclaimer
THE PRODUCT IS PROVIDED AS IS WITHOUT WARRANTY OF ANY KIND. THE ENTIRE RISK OF THE PRODUCT IS ASSUMED BY YOU. THE RISK ASSOCIATED WITH THE RESULTS AND PERFORMANCE OF THE PRODUCT IS ALSO ASSUMED BY YOU. We are not brokers nor in any way authorised by the FSA. We do not and cannot give any investment advice. We are not engaged in rendering any investment or other professional advice. If you want investment advice, seek a licensed or registered investment advisor. There are no representations of potential earnings made by us or by you. Only those persons financially prepared should invest. Any and all trades posted in private or public, of any kind, should be viewed as hypothetical paper trades and without merit; and if they were accurate, they may never be able to be duplicated in the future. Your attempt to duplicate any posted trades may be hindered by the inherent delay in receiving a post AND executing that post, market liquidity, AND your own trading issues, including, but not limited to slippage, commissions, trading software, internet outages, psychological factors. The information contained in this document or any service or product we may provide in the future has been obtained from sources believed to be reliable, however, there is no guarantee to its accuracy or its completeness. We do not accept responsibility for typographical or verbal errors, omissions or failure to transmit information in a timely fashion. The information contained in this document is for educational, entertainment and news purposes only, reflecting the current personal opinion of us and is NOT designed, construed or believed in any manner to be Trading Advice. The information in this document is strictly for Educational Purposes. Past performance is no guarantee of future results. You hereby agree that ANY and ALL trading decisions you make are your own and reflect your own personal level of risks and trading skills. You also acknowledge and agree that you are aware of the risk parameters involved in trading and that the leveraged nature of Trading Futures, Equity CFDs, Options, Forex Exchange and Spread Betting can cause losses greater than your account balance. You further agree to accept full, complete and sole responsibility for any and all results in your trading account. There have been no promises, guarantees or warranties suggesting that any trade will result in a profit or will not result in a loss. Opinions are current opinions only and past results are not indicative of future results. It is your sole responsibility to know and define the risk before trading. You also hereby agree that you will not hold us liable or responsible in any way for any losses you incur in any trading account. We disclaim any responsibility for any adverse consequences that might arise directly or indirectly from the use of any material contained in or from this document or any product purchased via our site or by any contact in any form with any individual associated with The Indicator Guys Limited. Distribution and/or re-transmission of any of the content provided by us in any form or by any medium is expressly prohibited. The Indicator Guys Limited does not recommend or endorse specific transactions or trading methodologies or any advice concerning the value of or advisability of trading Futures, Equity CFDs, Options, Forex Exchange and Spread Betting. This service is designed to assist you and provide tools for the understanding of technical analysis of the financial markets. This is an educational document designed solely to assist you in developing your own personal methodology if you so desire, JUST AS FREELY AVAILABLE TECHNICAL ANALYSIS BOOKS FROM THE LIBRARY or BOOK STORE WOULD ASSIST YOU. Internet Trading Risks In addition, there are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since The Indicator Guys Limited does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Your dealer employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone are always available. Disclosures and Transfers We do not disclose personal information to third parties, except when one or more of the following conditions is true: * We have the individuals permission to make the disclosure; * The disclosure is permitted by law or mandatory professional standards; * The disclosure is reasonably related to the sale or other disposition of all or part of our business or assets; * The personal information to be disclosed is publicly available; * The party to whom the disclosure is made controls, is controlled by, or is under common control with The Indicator Guys Limited; * The disclosure is reasonably necessary for the establishment or maintenance of legal claims; or * The disclosure is to persons or entities for whom we are providing services, provided the disclosure is consistent with the purpose for which the personal information was obtained. Copyright 2011 The Indicator Guys Limited
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Policies
Privacy and Security Policy The Indicator Guys web site uses security measures to protect against the loss, misuse, and alteration of the information under our control. We do not store credit card details nor do we share customer details with any 3rd parties. We store the information in a database in a secure environment at our data centre. We will never share, sell, or rent individual personal information with anyone without your advance permission or unless ordered by a court of law. Information submitted to us is only available to employees managing this information for purposes of contacting you or sending you e-mails based on your requesting information. Delivery Policy All indicators, systems and software products purchased through our site, or otherwise, must be securely linked to a named account on one of our partner charting platforms. This must be done before the product can be delivered to, or installed by, the purchaser and the purchaser will not be able to operate their product without this step having been completed first. In order for us to securely link the product correctly as required, each customer will need to have an active account with one of our charting platform partners. In some platforms our delivery method allows us to detect a customer account number automatically. However, where this is not possible a request will be sent via email, and you will need to forward your charting platform customer account number to us. This should be sent to support@theindicatorguys.com along with your name and the name of your chosen charting platform. (e.g.) Name: Jenny Smith, Platform: TradeStation, Account ID: 123456 Once we have received this information, we can then securely link your product and deliver it to you electronically via return of email. We aim to accomplish this within 24hours during weekdays, but please allow longer if your request is made over a weekend or during a public holiday. Refund / Cancellation Policy Unless specifically stated on our website or within our sales materials, we generally do not offer refunds with any of our products. This is mainly due to the amount of time we have to spend setting up, delivering and supporting products during each sale, which makes it very impractical and uneconomical for us to do so. In the event that we do offer a Money Back Guarantee with any of our products however, we will always honour this commitment. We will aim to issue all refunds promptly, usually within 24hrs of receiving their request, but please allow longer if your request is made over a weekend or during a public holiday. Copyright 2011 The Indicator Guys Limited
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Welcome
Congratulations on your recent indicator purchase, we hope that this indicator will become a valuable tool in your analysis tool box and help move you closer to achieving your goal in becoming a trading success! This document is aimed at providing you with as much information about your recent purchase as possible. We believe this indicator is an incredible tool and feel sure that, once you begin to understand how it works and how it can be used to support your technical analysis, you too will see just how invaluable it is to your trading. If you have any comments or suggestions please send an email to info@theindicatorguys.com Thank you, -The TiG Team
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Getting Started
Before you start using your new indicator, please make sure you have everything you need to trade. This includes a compatible charting platform, brokerage and dedicated trading PC. Before you install your new indicator, please make sure that your operating system and charting platform are installed and running properly. Also take some time to become familiar with your charting platform.
PC Requirements
We recommend a computer with the following minimum technical specification: CPU: RAM: Hard Drive: Monitor: Operating System: Internet: 1.8 GHz Dual Core 1GB of RAM 1GB of available hard-disk space Resolution of 1280x768 or greater Windows XP, Vista, 7 High speed reliable ISP, with an ADSL or cable modem.
Choosing a brokerage or financial spread betting company

For more information about choosing a brokerage or financial spread betting company please contact us at support@theindicatorguys.com.
Choosing a charting platform

For more information about choosing a charting platform or upgrading from your current platform please contact us at support@theindicatorguys.com.
A word of warning
At TiG we are fully aware that trading the financial markets is not always an easy task. It can be very risky and highly stressful. The markets can do whatever they want whenever they want, meaning there is no certainty in trading other than prices going up and down over time. We strongly recommend that all customers first use our indicators with a practice trade account. Most online brokerages can offer you some form of demo account. Our indicators analyze past data in order to indicate something which has been happening in the market. There is absolutely no guarantee that the markets will continue to produce the same results once you enter into a trade. There are literally hundreds of books published on the psychology of trading and how the mind works to manipulate the data that charts and indicators produce. We believe that all traders should practice using our indicators, placing trades based on the indicators using a demo trade account, until the trader feels happy that they can use them effectively to help them in their real trading decisions.
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Installation and Setup

TiG Easy Install To install your newly purchased indicator in your trading platform please follow the guide below: 1. Download your indicator from the location provided by TiG. 2. Locate your newly purchased indicator on your computer and Double-Click the Indicator EXE file to launch the TiG Easy Install Setup Programme. 3. If your computer gives you any security warning prompts please click accept/yes. 4. Once inside the TiG Easy Install Setup Programme. Click Next >. 5. Enter your TiG License Key and Click Next >. 6. The Setup Programme should automatically find where your trading platform was installed on your computer. Click Next >. 7. The Setup Programme should automatically set up your shortcuts. Click Next >. 8. Now your indicator is ready to install. Click Install. 9. The Setup Programme will automatically Import your Indicator into your charting platform for you. Click Next >. 10. Congratulations! Your new indicator was installed correctly. Click Finish. Having Problems? Please use the support site included with your purchase or email support@theindicatorguys.com.
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The TiG Value Chart Indicator

A Value Chart indicator is designed to provide an indication of price levels relative to what can be considered as fair value. It aims to show when the price of a particular security moves into overbought (above fair value) or oversold (below fair value) territory, which can be extremely useful information to a trader. The main benefits of using a value chart in trading are the ability to identify levels of fair value, as well as overbought and oversold levels; the ability to regularly pinpoint price reversals; the ability to remove the emotional enemies of fear and greed from your trading; and the avoidance of buying market tops and selling market bottoms. The value chart indicator consists of a series of vertical bars displayed on a floating axis. The floating axis is able to represent relative deviations from a midline, regardless of fluctuations in the price volatility of a security, so that a reasonable indication of value can always be determined. There are a number of zones contained within the value chart as follows: 8.00 to 12.00 representing Significantly Overbought territory 4.00 to 8.00 representing Moderately Overbought territory -4.00 to 4.00 representing Fair Value or normal territory -8.00 to -4.00 representing Moderately Oversold territory -12.00 to -8.00 representing Significantly Oversold territory
As you can see from the above image, the TiG Value Chart indicator uses a colour coded visual display to highlight its bars as they move into extreme territory. Crossing into the Significantly Overbought zone (8 to 12) turns the bars red for a sell signal, and crossing in to the Significantly Oversold zone (-8 to -12) turns the bars blue for a buy signal. The colours can be adjusted to your preference within the input settings for the indicator, and the colour options available will depend on your particular trading platform.
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It should be noted that this indicator is particularly well suited to non-trending markets, and also that it is a popular choice of trading tool amongst short term traders, particularly those who engage in Scalping techniques (dipping in and out of the market quickly). It is highly compatible with the TiG Linear Regression Indicator, which also favours very similar circumstances. For longer term trading the value chart indicator can also be a useful tool for scaling in or out of positions, in order to maximise opportunities for profit.
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Input settings for the TiG Value Chart Indicator

At TiG we try to make all our indicators as customisable as possible. Below is some information about what the input settings do and a quick reference guide to the indicators default values. Please use this guide if you need to reset your indicator to the default factory settings. Name LongColour ShortColour Value (defaults) 0 0 Description
LongColour relates to the oversold territory. ShortColour relates to the overbought territory.
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Contact Us
MORE INFORMATION HAVING PROBLEMS?
If you would like more information about The Indicator Guys or to see more of our products and services please visit our website or contact us by email. We try to respond to all enquiries within 24 hours. Email: info@theindicatorguys.com Web: http://www.theindicatorguys.com
If you are having problems with a recent purchase please dont hesitate to contact our support team via email or simply visit our dedicated support site where you can log a ticket or use our online support services to solve your problem. Email: support@theindicatorguys.com Web: http://support.theindicatorguys.com
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