Commodit Selection Index as an indicator is an extension of DMI. This indicator can help traders to properly select instruments for investment. The selection is based on DMI indicator with considering of capital, leverage, and comission fee. A high CSI rating indicates that the commodity has strong trending and volatility characteristics. The trending characteristics are … [Read more...]
Commodity Selection Index (CSI): The Concept
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 … [Read more...]