Hidden Markov Model4.2

EALegit summary — unaudited listing

This is an Expert Advisor for MetaTrader that scalps major forex pairs on the M5 timeframe. It builds a Markov transition matrix from the last 200 candles to estimate the probability of bullish or bearish continuation, entering trades only when confidence exceeds a configurable threshold, and it can follow momentum or fade reversals. Risk is managed with ATR-based stop-loss distances placed as separate pending orders, a fixed risk-to-reward ratio (default 1.5:1), a single-position policy, spread limits, and time-based position closure; the seller states it does not use grid or martingale techniques. Positions use a fixed lot size, and a chart HUD displays live statistics such as spread, ATR, and win/loss counts.