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How to Set Linear Regression Acceleration on MT4 Charts

Step 1: Open the Navigator Window on Trading Platform

Open Navigator panel like is shown & displayed below: Navigate to "View" menu (click on it), then select & choose "Navigator" panel window (click), or From Standard Tool Bar click "Navigator" button or press key board shortcut keys "Ctrl+N"

On the Navigator panel, pick Indicators. Double click on it.

How Do You Use Linear Regression Acceleration in Forex?

How Do I Add Linear Regression Acceleration on MT4 Platform - Using Linear Regression Acceleration as a Technical Indicator on MT4.

Step 2: Expand the Indicators Menu on the Navigator - Adding Linear Regression Acceleration MT4 Indicator

Click the plus sign next to "Indicators" to open the menu. Or double-click the word "Indicators." The plus changes to a minus, and a list pops up. Pick Linear Regression Acceleration from that list to add it to your Forex chart.

How Do I Add Linear Regression Acceleration on the Forex Chart?

How Do I Add Linear Regression Acceleration? In the window above, you can add the Linear Regression Acceleration tool you want to your Forex chart.

How to Set Custom Linear Regression Acceleration to MetaTrader 4

If the indicator you want to add is a custom technical indicator - for example if the Linear Regression Acceleration you as a trader want to add is a custom indicator you'll need to first add this custom Linear Regression Acceleration on the MetaTrader 4 software & then compile the custom Linear Regression Acceleration so that the newly added Linear Regression Acceleration custom indicator pops up on the list of custom technical indicators on MT4 software.

This guide covers installing Linear Regression Acceleration on MT4. Add the window and custom indicator to the platform.

About Linear Regression Acceleration Described

Linear Regression Acceleration Technical Analysis and Signals

Linear Regression Acceleration calculates change in regression line's gradient/slope on the current price bar from its gradient/slope from previous price bar. The value used in calculating the linear regression is referred to as the normalized acceleration value which is plotted for each price bar shaped and formed on the chart.

How Do I Use Linear Regression Acceleration Indicator? - Linear Regression Acceleration Setting in MT4

Linear Acceleration Regressed

If normalized acceleration reads 0.30, the regression line normalized slanting direction will be moving upwards at a rate of 0.30 for each price bar.

Also, if the slope is -0.40, it means the normalized slope of the line is going down at -0.40 for each price candle.

Say the current candle's slope is 0.40, last one's 0.20. Then acceleration for this bar is 0.40 minus 0.20, or 0.20.

Keep in mind, a positive acceleration value doesn't mean the slope itself is positive - it just shows the slope is getting steeper. Same idea with negative acceleration: it doesn't mean the slope is negative, just that the slope is decreasing.

Implementation of the Linear Acceleration Regression Trading Indicator

The Linear Regression Acceleration technical indicator grants the user flexibility to select parameters such as the number of price periods, the duration for the regression calculation, the option to smooth raw price data prior to regression application, and the choice of the smoothing methodology.

The resulting regression slope is represented as a binary-colored histogram that oscillates above and below the zero mark.

reference line is set at 0 level mark.

  • A rising upward slope: (higher than that of its previous/prior value - of one bar before) is displayed and illustrated in up slope colour.
  • A declining/falling slope: (lesser than that of its previous/prior value - of one bar before) is put to display using the down slope colour.

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