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)