Commodity Selection Index (CSI) – Technical Analysis Indicator

Jun 19, 2011

Written by:
Al Hill

✓ Reviewed by Kunal Vakil, Co-Founder of TradingSim · Updated Mar 31, 2026

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.

Commodity Selection Index Charting Example

 

Commodity Selection Index

Tags:

About the Author

Al Hill

Al Hill

Co-Founder & CEO, TradingSim

Alton Hill is the Co-Founder of TradingSim with over 18 years of trading experience. He completed the Design Thinking Bootcamp at Stanford’s D.School and brings expertise in Product Development to create the best trading simulation experience. His strategy focuses on trend-following systems, targeting high-volatility stocks with strong primary trends using the 15-minute chart.

View all posts by Al Hill →

How to Add and Remove Window Panes

Video that shows the three window panes within the Tradingsim Platform which you can expand and collapse. The three panes are (1) Tools, (2) Level 1, Time & Sales, and (3) Open Positions and Orders....

Day Trading Indicators

How to Trade with the Coppock Curve

In this article, I will cover how to trade with the Coppock curve. You will be able to use these techniques and strategies on any timeframe. Topics will cover a brief overview, how to identify...

Investment Articles

Commodity Trading Secrets Revealed: A Deep Dive into the Goldman Sachs Commodity Index

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...