Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Commodity Selection Index (CSI) for Amibroker (AFL)
kaiji
over 14 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker, exploration, adx

Commodity Selection Index (CSI) is developed by Wilder. This 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.

By mike_05

Similar Indicators / Formulas

rsi<30 and sort
Submitted by ali32b about 10 years ago
ADX Indicator - Colored
Submitted by kaiji over 14 years ago
Williams %R Exploration
Submitted by kaiji over 14 years ago
MACD Divergences 2
Submitted by filinta over 13 years ago
EMA,MACD,RSI EXPLORATION INDICATOR
Submitted by viralmehta about 10 years ago
ADX Explorer
Submitted by chatwithpradeep almost 11 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("ADX");
range = Param("Periods", 4, 2, 200, 1 );
_SECTION_END();
 
/*
CSI by mike_05

Commodity Selection Index (CSI) is developed by Wilder.
This 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 brought out by the Directional Movement factor
in the calculation--the volatility characteristic by the Average True Range
factor.
Wilder's approach is to trade commodities with high CSI values (relative to
other commodities).
Because these commodities are highly volatile, they have the potential to make
the "most money in the shortest period of time."
High CSI values imply trending characteristics, which makes it easier to trade
the security.
The CSI is designed for short-term traders who can handle the risks associated
with highly volatile markets.
Source mathematical formula - www.att-trade.com
*/
_SECTION_BEGIN("SCI");

DX=((PDI(range)-MDI(range))/(PDI(range)+MDI(range)))*100;
Leverage=Param("Leverage", 100,0,1000,10);
Capital=Param("Capital",1000,2000,1000000,1000);
Fee=Param("Fee",0.3,0.03,5,0.01);
K=(Leverage/sqrt(Capital)) * (1/(150+Fee));
ADXR=MA(DX,2*range);
SCI=ADXR * ATR(range) * K;
Title = Name() +"-SCI"+"-"+Interval(2)+"("+range+")"+"="+SCI;
Plot(SCI,"SCI",1,ParamStyle("Style"));//
Plot(0,"",4,styleLine|styleNoLabel);
//eksploration

Filter=SCI>Ref(SCI,-1) AND Ref(SCI,-1)>Ref(SCI,-2) AND C>Param("Filter
Price",0.12,0.05,1,0.01);
SetSortColumns(-2,-3);
AddColumn(SCI,"SCI asc.",1.5);
AddColumn(C,"Close",1.2);
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back