Bill Williams theory is that the market moves like a stream or a river that follows the path of least resistance where the river bed creates waves and ripples in the water. But in the markets case the waves and ripples move as Fractals.

As a result Bill Williams contends that more Fractals are created in the direction of the order flow (trend) than against it.... Therefore if you add a postion at each Fractal location (longs for bull fractals and shorts for bears) that most of the time you are going to be net postive in the direction of the market. I like to use the CPR to increase those odds.

So basically what we need is a bot to place pending orders on Fractal locations... Buy stops for up Fractals and sell stops for down Fractals.

I have the source code to an indicator that places Fractals only after the market has broken a bit of structure... seems to be a little more selective than Bill's regular Fractals indi...

Thanks!