Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile introduces two technical tools for examining price in relative terms. Helweg and Stendahl use Value Charts to place current price action in a value range and Price Action Profile to study how frequently the market trades within those ranges.
The book explains how the tools identify price levels the authors classify as fair valued, overbought, or oversold. It then explores their use in assessing risk exposure, recognizing patterns, and adapting analysis as market conditions change.
Later chapters apply Value Charts to short-term trading systems, system design, scanning, and dollar cost averaging. The authors’ focus is on turning relative price observations into defined conditions that can inform trading decisions.
The book is suited to technically oriented traders who want to examine the authors’ charting methods and test how they fit into a trading process.
✅ What You’ll Learn
- Distinguish absolute price charts from the book’s relative value approach.
- Read Value Charts to assess current price against a defined range.
- Use Price Action Profile to examine the distribution of relative price activity.
- Identify the conditions the authors classify as overbought or oversold.
- Apply the indicators when evaluating risk exposure.
- Incorporate Value Charts into short-term trading systems.
- Examine chart patterns and scan markets using the book’s methods.
- Adjust the interpretation of relative value as market conditions change.
💡 Key Benefits
- Provides a focused explanation of two related charting tools.
- Connects indicator interpretation to risk and trade selection.
- Shows how relative price levels can become explicit system conditions.
- Covers discretionary analysis as well as trading system applications.
- Includes an appendix of Price Action Profiles for Dow 30 stocks.
👤 Who This Book Is For
- Intermediate to advanced traders evaluating specialized technical indicators.
- Short-term traders studying relative price levels for entries and exits.
- Trading system developers seeking defined, testable chart conditions.
- Equity traders exploring the book’s Value Chart and Price Action Profile methods.
📚 Table of Contents
- Understanding Price and Value
- Value Charts
- Price Action Profile
- Lowering Risk Exposure
- Enhancing Value Charts with Short-Term Trading Systems
- Designing Trading Systems with Value Charts
- Value Charts and Pattern Recognition
- Value Scan
- Using Dynamic Valuation for Changing Markets
- Dollar Cost Averaging with Value Charts
Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile By Mark Helweg, David Stendahl


Braelyn Person (verified owner) –
This innovative approach to chart reading will help every active trader–and even novice investors–have a better read on the markets and, therefore, a better shot at major market profits.
Anika Olson (verified owner) –
Understanding the true overbought and oversold nature of a market or trading vehicle is essential. This book enlightens you to new techniques that are applicable for active traders such as myself. I would recommend this book to any serious trader.
Malachi Leach (verified owner) –
The authors have introduced a new idea in charting–the Value Chart. Their expertise in technical analysis and in designing and testing trading systems around this new charting concept makes this book a must– read for all stock and futures traders.
Hendrix Kemp (verified owner) –
Value Charts seems to be one of the better, if the the best indicator out there. This book explains how to calculate a value chart and goes into great detail with many examples.
Moses Weiss (verified owner) –
This book is well written. The indicators are clearly explained. The Value Charts indicator alone will not help you trade your way to riches but it can help put the odds on your side.