A previous post of mine mentioned some about basics of using Qt signals and slots with python.
Essentially the syntax is something like {object}.{signal_name}.connect({slot_name}).
So something that is based on QProgressBar will have these signals such as valueChanged. Therefore
def printMyNewValue(value):
print("The progress bar value is now: {}".format(value))
import qt
progress_bar = qt.QProgressBar()
progress_bar.setMaximum(10)
progress_bar.valueChanged.connect(printMyNewValue)
progress_bar.setValue(4) # will then print "The progress bar value is now: 4"