Commodity Selection Index (CSI) is a good forex technical indicator often used in forex technical analysis. Commodity Selection Index (CSI) was developed to help select commodities that fit short-term trading.

Commodity Selection Index (CSI) attempts to identify which commodities are the most suitable for short-term trading. The larger the CSI value, the stronger is the trend and volatility characteristics associated with the asset.

This indicator should only be used by traders who can handle large amounts of volatility as it indicates strong trending, but reversals are always possible.

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Commodity Channel Index (CCI) is one forex technical indicator used in forex technical analysis. Commodity Channel Index (CCI) was created by Donald Lambert, used to determine reversal points in the commodity markets. But then it became rather popular in the share market and in Forex market.

CCI was developed to determine overbought and oversold levels. The CCI does this by measuring the relation between price and a moving average (MA), or, more specifically, normal deviations from that average.

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