Extreme Gap Index Trading Strategy

All trades are based on the 5-minute time frame.

EA to parse cash market open/high/low/close data from Google Finance pages for following indices:

FTSE 100: https://www.google.co.uk/finance/historical?q=INDEXFTSE:UKX

DAX: https://www.google.com/finance/historical?q=INDEXDB:DAX

CAC: https://www.google.co.uk/finance/historical?q=INDEXEURO:PX1

EURO: https://www.google.com/finance/historical?q=INDEXSTOXX:SX5E

DOW: https://www.google.co.uk/finance/historical?q=INDEXDJX:.DJI

S&P: https://www.google.com/finance/historical?q=INDEXSP:.INX

NASDAQ: https://www.google.com/finance/historical?q=INDEXNASDAQ:NDX

ASX: https://www.google.com/finance/historical?q=INDEXASX:XJO

JAPAN 225: https://www.google.co.uk/finance/historical?q=INDEXNIKKEI:NI225

HANG SENG: https://www.google.co.uk/finance/historical?q=INDEXHANGSENG:HSI

EA to look at Google Finance web pages to source previous day’s cash high/low prices for relevant index

EA to identify if MT4 price is above/below previous day’s cash high or low and if certain conditions are met, trade to be taken with cash high/low as the target.  Precise criteria will be supplied once job awarded. 

EA to also monitor how many consecutive days open price has not filled the previous day’s cash high/low price (from Google).  If high/low not filled two days in a row, this is a ‘double extreme gap’ and EA should open a position ‘out of hours’ (before market open) on second day, targeting previous day’s cash high/low (from Google).  Again precise entry criteria to be provided once job awarded.

EA to also identify if MT4 price is above/below previous day’s close, R1/S1 pivot point and Cam break-out Long/Short (I have formulas to calculate these levels). 

If the low of the cash opening 5-minute bar is below all these levels, the EA must open a trade once this bar’s low is breached by 2 points (plus half spread).  Precise criteria will be provided once job awarded.