Commodity Selection Index Indicator

[michaelm]

Anyone know of an existing efs for CSI indicator? Browsed til the eyes crossed.

[michaelm]

can anyone point me to someone who might know how to create an efs for a CSI indicator?
Here's what i found for metastock...
Commodity Selection Index -- syntax:
csi(periods, value, margin, commission) Commodity Selection Index(value, margin, commission)
Define Commodity Selection Index as:
ADXR(14)*ATR(14)*parm1/sqrt(parm2)/(150+parm3)*100

[michaelm]

anyone?

[dloomis]

There are people around that might help on an ad hoc basis, but your description is too vague and I dont think too many people are familiar with it - ie lack of expieience knowlegde on what it is

If you provide some more detail on what parm1 2 and 3 are, or a link to a description of this indicator, maybe you'll get some help from the community

Also, what is adxr?

[ckryza]

CSI

Michael:

Attached is a first stab at it. Script has 3 parameters:

Value of a 1-cent move.
Margin requirement (in dollars)
Commission (in dollars).

Let me know if this looks correct.

Chris

[ACM]

The only reference I can find on the web that provides the formula is a page in Spanish (captured image attached).

Roughly translated it means

CSI = ADXR *ATR (14) * (V/sqrtM *1/(150 + C)) * 100

where

ADXR is the directional component of the ADX
ATR length 14
V is the value of 1 tick
sqrtM is square root of the margin
C is the commission (the article does not specify if one way or round trip)

[michaelm]

Thank you, everyone. Chris, I believe you nailed it! Very much appreiciated.