Jun 19, 2011
Written by:
Al Hill
The Commodity Selection Index (CSI) is a momentum indicator that uses the ADXR component of the Directional Movement indicator to select commodities suitable for short-term trading. The CSI was developed by Welles Wilder and was first published in the book New Concepts in Technical Trading Systems. The higher the CSI, the greater the volatility and strength of trend. Traders use the CSI is to find commodities with the highest volatility, because it has the greatest odds of quick gains. The CSI is designed for short-term traders that have money management rules that account for the risks associated with highly volatile markets.
Commodity Selection Index
Tags:
Momentum Indicators
Commodity Channel Index Definition The commodity channel index (CCI) is an oscillator used to identify cyclical trends in a security. It gained its name because it was originally used to analyze...
Investment Articles
Introduction to Commodity Trading Commodity trading involves much of what we'd consider the necessities of life. Hence the name, commodities. This includes everything from agricultural products like...
Day Trading Indicators
choppiness indicator Wouldn’t we all love to know when a stock is trending and when it is in flat territory? Close your eyes for a second and imagine a world where you know on the first tick that the...
