This Expert Advisor will be a good assistant for all Bill Williams fans! You do not need to analyze where to set a stop loss order for a new order and when to modify it. The EA detects an open order and chooses stop loss setting method. Then it trails the order either based on fractals or by alligator lines.

Initial stop loss setting methods:

1. Main - below (above) one of the alligator lines, red or green.
2. Fractal - based on the nearest formed fractal. Non-standard fractals are possible: 7- or 9-bar fractals and others.
3. Emergency - at a specified distance from the price, when other methods are impossible.
   Pre-select the optimum value for the respective trading instrument!

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