How to Add Linear Regression Acceleration Indicator on MetaTrader 4 Charts

Step 1: Open Navigator Window Panel on Software

Open Navigator panel as shown & displayed below: Go to "View" menu (click on it), then choose "Navigator" window (click), or From Standard ToolBar click "Navigator" button or press keyboard shortcut keys "Ctrl+N"

On Navigator panel, select 'Indicators', (Double-Click)

How Do I Add Linear Regression Acceleration Indicator on MetaTrader 4 - MT4 Linear Regression Acceleration Indicator

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

Expand the menu by clicking the expand button marker (+) or double click the "indicators" menu, after this the button will appear as (-) and will now display a list as shown below - select the Linear Regression Acceleration forex chart indicator from this list of indicators so as to add the Linear Regression Acceleration indicator on the forex chart.

How Do I Add Linear Regression Acceleration Indicator - From the Above window you can then place Linear Regression Acceleration indicator that you want on the Forex chart

How to Add Custom Linear Regression Acceleration Indicator to MetaTrader 4

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

To learn how to install Linear Regression Acceleration indicators on MT4, how to add Linear Regression Acceleration indicator window to MT4 and how to add Linear Regression Acceleration custom indicator in MT4 - How to add a custom Linear Regression Acceleration indicator in MetaTrader 4.

About Linear Regression Acceleration Indicator Described

Linear Regression Acceleration Technical Analysis & Signals

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

Linear Regression Acceleration

If normalized acceleration is 0.30, then regression line normalized slope will be rising at the rate of 0.30 per price bar.

Similarly, a normalized slope of -0.40 would indicate that the regression line normalized slope is declining at rate of -0.40 per price bar.

For example, if the current price bar normalized slope value is 0.40 & the previous price bar normalized slope value is 0.20, then the normalized acceleration of the current price bar would be calculated as 0.40 - 0.20 = 0.20.

Note: It's important to realize that a positive acceleration value doesn't equate to a positive slope value, it simply means the gradient of slope is increasing. A negative acceleration value doesn't equate to a negative slope value, it simply means the gradient of slope is decreasing.

Implementation of Linear Acceleration Regression Indicator

The Linear Regression Acceleration indicator allows for the following; price choice, regression periods, smoothing of raw price before applying the regression & choice of the smoothing type.

Resulting regression slope is displayed as a bi-colored histogram that oscillates above and below 0.

reference line is set at the 0 level mark.

• A rising slope: (greater than its previous value of 1 bar before) is displayed in up slope color.
• A declining slope: (lower than its previous value of 1 bar before) is shown using the down slope color.