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MetaTrader 5 Indicator | Normalized_Moving_Average_Slope

Normalized Moving Average Slope oscillator calculates the slope of the moving average in % of ATR.

It has four inputs:

  • MA period - MA calculation period
  • ATR period - ATR calculation period
  • Method - MA calculation method
  • Applied price - MA calculation price

Calculation:

NMAS = 100.0 * (MA-PrevMA) / ATR

where:

MA - MA(Applied price, MA period, Method)
ATR - ATR(ATR period)

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