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Indicators

Normalized_Moving_Average_Slope - indicator for MetaTrader 5

Scriptor | English Русский 中文 Español Deutsch 日本語 Português

Views:
1251
Rating:
votes: 6
Published:
2018.12.18 19:15

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)

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

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