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MQL5 Wizard techniques you should know (Part 05): Markov Chains

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by , 01-24-2023 at 12:28 AM (315 Views)
      
   
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Markov chains are a mathematical tool that can be used to model the behavior of financial markets. They are particularly useful because they allow traders to analyze the probability of future market states based on the current state of the market.
One of the key benefits of using Markov chains in financial markets is that they allow traders to analyze and predict the evolution of market trends over time.
Another benefit of Markov chains is that they can be used to analyze the risk associated with different trades.
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