This is the Demo version of the MarkovChains EA, which counts the past bars for relevant price patterns and calculates the up and down price action probabilities. The full version can count bars for up to 5 chains and can work with every asset. It categorizes the price action into 8 groups with 10 pips increments. In the full version groups can be customized.
The demo can count just 3 chains for demonstration purposes. The demo version can look up to 1000 past periods for pattern search while in the full version this number is customizable.
The full version of the EA can show you the signals with arrows, can alert you to buy/sell or do the job for you and trade automatically. Demo version can only show the signals. For your convenience it prints relevant information on the screen. The upper right corner shows you the past and current price action via the groups with 10 pips increments (e.g., B3: ‑200/-100 means on third past bar prices decreased 10 to 20 pips). B0 is the current bar.
The lower right corner shows the pattern counts and the predicted probabilities. First two lines are the number of patterns counted on that group. Pu and Pd are the predicted probabilities for up and down price actions.
For the full version and the available inputs see the MarkovChains EA page.
Demo EA only works on demo accounts.
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Interval — H1 recommended.
Working with 4 and 5‑digit brokers.
Long positions only.
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Capital preservation is top priority;
Let profits run without your attention;
Enjoy risk-free trades as soon as possible;
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Install the Expert Advisor in the terminal where you want to copy trades.
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