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R-squared (LR Correlation)

In MT5, the linear regression correlation (called “LR Correlation) can be interpreted as an R-squared-like measure of equity trend. A value close to 1 suggests the equity curve fits well to a straight line (predictable growth), while lower values indicate more randomness. It’s essentially the square of correlation between trades and outcomes. Traders might view a higher R-squared (LR correlation) as indicating a more systematic strategy.