Landslide monitoring is critical for predicting the stability of slopes to ensure the safety of life and property. Considering the potential advantages of fiber Bragg gratings (FBGs), such as immunity to electromagnetic interference, resistance to hostile environments, light weight, and high measurement precision and real time response, a self-designed, FBG-based in situ inclinometer combining a traditional inclinometer and FBG technology was designed to monitor the inner deformation of a slope. In practical landslide monitoring, the inclinometer can be regarded as a cantilever beam with one end fixed. Based on the deflection curve equation of a normal beam and the composite Simpson integral equation, a theoretical deflection equation of the FBG-based inclinometer versus longitudinal strain was established. A FBG-based inclinometer was fabricated and calibrated in the laboratory and a calibration strain sensitivity coefficient was obtained. The results of calibration tests show that the displacements measured by dial indicators are in good agreement with the theoretical displacements calculated using the proposed equation. A series of FBG-based inclinometers were installed into three vertical boreholes located at different points on the profile of an actual reinforced slope. The in situ monitoring results show that the FBG-based inclinometer can effectively capture the real-time internal displacements and potential sliding surface of the slope, proving the validity of the proposed theoretical equation as well the reliability and practicality of the proposed FBG-based inclinometer in engineering applications.