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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