Commodity Selection Index (CSI) – Technical Analysis Indicator
Jun 19, 2011
Written by: Al Hill
Commodity Selection Index (CSI) Definition
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.
Trade Volume Index Definition The trade volume index (TVI) detects whether a security is being bought or sold based on tick data. The TVI provides a trader more insight into the amount of buying and...
Table of Contents ARMS Index – Brief Overview 4 Quick Things to Know About the ARMs Index #1 – Understanding the Arms Index (TRIN) #2 – 4 Components of Arms Index #3 – How to read data from the TRIN...