csi

Function Name: csi

Tags: CSI

Category: Momentum

The Commodity Selection Index (CSI) is a momentum indicator, primarily designed to help the short-term traders to identify commodities with strong trending and volatility. A high reading of the CSI implies that the commodity has strong trending and volatility characteristics. The trending characteristics are derived from the Directional Movement factor in the calculation while the volatility characteristics are brought out by the Average True Range factor. Short term traders may find the CSI very useful as it may help to highlight those futures that have high volatility and thus trade well in a breakout fashion.

 

Author:   Welles Wilder

Link:       http://www.investopedia.com/terms/c/commodityselectionindex.asp

 

period
	Default Value: 14  |  Minimum: 2  |  Maximum: 9999
	Type: Numeric
margin
	Default Value: 1  |  Minimum: 1  |  Maximum: 32000
	Type: Numeric
commision
	Default Value: 1  |  Minimum: 1  |  Maximum: 32000
	Type: Numeric
valueMov
	Default Value: 1  |  Minimum: 0  |  Maximum: 32000
	Type: Numeric