RSI Indicator: Any recommended sources for learning about the RSI?

TraderGreg · Jun 5, 2009

I have a basic understanding of the indicator, but I'm wondering if there are any books or websites going into detail that may be worth my time.

Thanks for the help!

jprad · Jun 5, 2009

Quote from TraderGreg:

I have a basic understanding of the indicator, but I'm wondering if there are any books or websites going into detail that may be worth my time.

Thanks for the help!

Here's two I have, there may be others, not sure.

http://www.amazon.com/New-Concepts-...=sr_1_3?ie=UTF8&s=books&qid=1244237400&sr=1-3

http://www.traderslibrary.com/morei...s=RSI&sort=&lc=QuickSearch&submit=yes#3340337

limau2 · Jun 7, 2009

if you like RSI, you will like true strength index tsi

jprad · Jun 7, 2009

Quote from limau2:

if you like RSI, you will like true strength index tsi

Completely agree there...

TraderGreg · Jun 7, 2009

Quote from jprad:

Here's two I have, there may be others, not sure.

http://www.amazon.com/New-Concepts-...=sr_1_3?ie=UTF8&s=books&qid=1244237400&sr=1-3

http://www.traderslibrary.com/morei...s=RSI&sort=&lc=QuickSearch&submit=yes#3340337

I've been searching the web and other sources I have (including Wilder's book) for a few hours and have a pretty good understanding of the RSI levels, S/R, trendlines, divergences, and patterns.

Do you think Hayden's book or even Dobson's book ( http://www.amazon.com/Understanding...=sr_1_6?ie=UTF8&s=books&qid=1244381500&sr=8-6 ) add enough to be worth it?

Btw TSI does look like an interesting indicator. I might look into it some more too.

jprad · Jun 8, 2009

Quote from TraderGreg:

Do you think Hayden's book or even Dobson's book ( http://www.amazon.com/Understanding...=sr_1_6?ie=UTF8&s=books&qid=1244381500&sr=8-6 ) add enough to be worth it?

Never saw Dobson's book. As for Hayden's, it's not an easy read. The chart annotations are annoyingly small, he doesn't write that clearly and there are errors in the text. That said, I've paid more and gotten less out of other trading books.

TraderGreg · Jun 11, 2009

Noted. Thanks for the help!

Quote from jprad:

Never saw Dobson's book. As for Hayden's, it's not an easy read. The chart annotations are annoyingly small, he doesn't write that clearly and there are errors in the text. That said, I've paid more and gotten less out of other trading books.

da-net · Jun 11, 2009

Andrew Cardwell devoted alot of time to studying RSI and has taken it farther than Wilder probably ever concieved.. ask some of these traders that discussed his materials in this classified ad. you could also net search for his materials. i do not have a public email address for him.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=98451

TraderGreg · Jun 12, 2009

Quote from da-net:

Andrew Cardwell devoted alot of time to studying RSI and has taken it farther than Wilder probably ever concieved.. ask some of these traders that discussed his materials in this classified ad. you could also net search for his materials. i do not have a public email address for him.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=98451

Thanks for the heads up, da-net

andrew cardwell · Jun 13, 2009

If anyone is looking for me contact me directly at cardwellrsi@hotmail.

For those who think they know rsi I would be more than happy to speak with them, because I know they are not using it the way that I have taught my course for over 20 years.

And as far as it not working, then why have over 70% of my course students been refered by previous students. And why do I have students in 27 countries around the world using my course materials to trade.