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Normalized_Moving_Average_Slope.mq5 (8.76 KB) view

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

It has four inputs:

Calculation:

NMAS = 100.0 * (MA-PrevMA) / ATR

where:

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

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22508

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Normalized_Moving_Average_Slope - indicator for MetaTrader 5