Markov Chains by George R. Arrington, Ph.D.
ARTICLE SYNOPSIS...Markov Chains
by George R. Arrington, Ph.D.
A Markov chain, the concept of which was developed in 1906 by Russian mathematician A.A. Markov, is
a mathematical tool that traders might use to predict future price changes on the basis of past price
changes
AUTHOR: George R. Arrington, Ph.D.DATE: DEC 1993