I ran out of color options a long time ago, but the arrow shows the 45-pip displacement beyond the edge of the house.
What I am trying to capitalize in on is the knowledge that price would turn back 75% of the time before that value. If not, something else is up, so you need to pick up hedge / overhedge (10% or what you change it to) to make up for some loss if you were underweight in that direction.
I have not tried it, but I trust it works. Have to peg it to a 1-hour corresponding EURUSD ticker, which is the “+” in my case at my broker, for I trade the raw spread, not the fixed one.
You can comment out with “//” in front of the two
“if (comparison<Ratio) RemoveStopsandTargets();” function calls if you do not want the stops and targets removed below the equity/balance ratio before compiling it.
// House + 45 Overhedger by Macdulio for Automated Trading
#include <stdlib.mqh>
extern int percentage = 10;
extern int magic_number = 55;
extern int magic_number2 = 66;
extern int magic_number3 = 77;
extern double Ratio = 0.6;
#property copyright "by Macdulio in 2025"
#property link "https://forexfore.blog"
#property description "House + 45 Overhedger"
int profits;
double nakedshorts[];
double nakedlongs[];
double open_price;
double stop_loss_price;
double take_profit_price;
double open_price2;
double stop_loss_price2;
double take_profit_price2;
double RSI2[];
double OrderOpenPrice;
double OrderProfit;
double ExtUpperBuffer[];
double ExtLowerBuffer[];
double ExtUpperBuffer_[],ExtLowerBuffer_[];
double ExtUpperBuffer_d[],ExtLowerBuffer_d[];
string symbol = Symbol();
int init() {
return(0);
}
int deinit() {
return(0);
}
int start() {
ArrayResize(RSI2, 600);
ArrayInitialize(RSI2, 0);
ArrayResize(ExtUpperBuffer, Bars);
ArrayInitialize(ExtUpperBuffer,EMPTY_VALUE);
ArrayResize(ExtLowerBuffer, Bars);
ArrayInitialize(ExtLowerBuffer, EMPTY_VALUE);
ArrayResize(ExtUpperBuffer_, Bars);
ArrayInitialize(ExtUpperBuffer_,EMPTY_VALUE);
ArrayResize(ExtLowerBuffer_, Bars);
ArrayInitialize(ExtLowerBuffer_, EMPTY_VALUE);
ArrayResize(ExtUpperBuffer_d, Bars);
ArrayInitialize(ExtUpperBuffer_d,EMPTY_VALUE);
ArrayResize(ExtLowerBuffer_d, Bars);
ArrayInitialize(ExtLowerBuffer_d, EMPTY_VALUE);
int i, counter;
int counted_bars=IndicatorCounted();
int longcount, shortcount;
double nlongs;
double nshorts;
double longaveragebuffer;
double shortaveragebuffer;
int order_type;
profits = 0;
int hstTotal=OrdersHistoryTotal();
counter = 0;
// Print("Ratio = ", Ratio);
for(i=100; i>=0; i--){
RSI2[i]=iRSI(symbol,30,2,PRICE_MEDIAN,i);
ExtUpperBuffer[i]=iLow(symbol,0,iLowest(symbol,0,MODE_LOW,12,i))+460*Point;
ExtLowerBuffer[i]=iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,12,i))-460*Point;
if (ExtUpperBuffer[i]>ExtLowerBuffer[i]) {ExtUpperBuffer_[i]=ExtUpperBuffer[i]; ExtLowerBuffer_[i]=ExtLowerBuffer[i];
ExtUpperBuffer_d[i]=ExtUpperBuffer_[i]+450*Point; ExtLowerBuffer_d[i]=ExtLowerBuffer_[i]-450*Point;
}
}
for(i=OrdersTotal()-1; i>=0 ; i--)
{
if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES)==false)
{
Print("Access to orders list failed with error (",GetLastError(),")");
break;
}
// if ( Symbol()=="EURUSD" && OrderStopLoss()==0 ) {
// Print("OderProfit: ", OrderProfit());
//Print("AB:",AccountBalance()*-1*.025);
if (OrderType() == OP_BUY)
{
nlongs = nlongs+OrderLots();
longcount = longcount+1;
longaveragebuffer = longaveragebuffer+(OrderOpenPrice()*OrderLots());
}
if (OrderType() == OP_SELL )
{
nshorts = nshorts+OrderLots();
shortcount = shortcount+1;
shortaveragebuffer = shortaveragebuffer+(OrderOpenPrice()*OrderLots());
}
// }
}
if (nlongs!=nshorts){
double comparison = (AccountEquity()/AccountBalance())*100;
// Print("comparison = ", comparison);
// Overghedge for shorts
if (nlongs<nshorts && ExtUpperBuffer_d[1]!=EMPTY_VALUE && Close[0]>ExtUpperBuffer_d[1] && Close[1]<ExtUpperBuffer_d[1]) {
if (comparison<Ratio) RemoveStopsandTargets();
open_price2 = NormalizeDouble(Ask, Digits);
stop_loss_price2 = NormalizeDouble(0,Digits);
take_profit_price2 = NormalizeDouble(0,Digits);
for (i = OrdersTotal() - 1; i >= 0; i--)
if (OrderSelect(i, SELECT_BY_POS))
if (OrderMagicNumber() == magic_number2) {
order_type = OrderType();
if (order_type == ORDER_TYPE_BUY) {
if ((NormalizeDouble(OrderOpenPrice(), Digits) != open_price2) || (NormalizeDouble(OrderStopLoss(), Digits) != stop_loss_price2) || (NormalizeDouble(OrderTakeProfit(), Digits) != take_profit_price2)) {
if (!OrderModify(OrderTicket(), open_price2, stop_loss_price2, take_profit_price2, OrderExpiration()))
Print("Error: ", ErrorDescription(_LastError));
}
break;
}
else if (order_type == ORDER_TYPE_BUY)
break;
}
if (i < 0)
if (OrderSend(symbol, OP_BUY, NormalizeDouble(nshorts*((100+percentage)/100)-nlongs,2), open_price2, 3, stop_loss_price2, take_profit_price2, magic_number2+" House + 45 Overhedger BUY 0/0", magic_number2) < 0)
Print("Error: ", ErrorDescription(_LastError));
}
else
for (i = OrdersTotal() - 1; i >= 0; i--)
if (OrderSelect(i, SELECT_BY_POS))
if (OrderMagicNumber() == magic_number2 )
if (OrderType() == ORDER_TYPE_BUY_STOP)
if (!OrderDelete(OrderTicket()))
Print("Error: ", ErrorDescription(_LastError));
// Overhedge For Longs
if (nshorts<nlongs && ExtLowerBuffer_d[1]!=EMPTY_VALUE && Close[0]<ExtLowerBuffer_d[1] && Close[1]>ExtLowerBuffer_d[1] ) {
if (comparison<Ratio) RemoveStopsandTargets();
open_price2 = NormalizeDouble(Bid, Digits);
stop_loss_price2 = NormalizeDouble(0,Digits);
take_profit_price2 = NormalizeDouble(0,Digits);
for (i = OrdersTotal() - 1; i >= 0; i--)
if (OrderSelect(i, SELECT_BY_POS))
if (OrderMagicNumber() == magic_number2) {
order_type = OrderType();
if (order_type == ORDER_TYPE_SELL) {
if ((NormalizeDouble(OrderOpenPrice(), Digits) != open_price2) || (NormalizeDouble(OrderStopLoss(), Digits) != stop_loss_price2) || (NormalizeDouble(OrderTakeProfit(), Digits) != take_profit_price2)) {
if (!OrderModify(OrderTicket(), open_price2, stop_loss_price2, take_profit_price2, OrderExpiration()))
Print("Error: ", ErrorDescription(_LastError));
}
break;
}
else if (order_type == ORDER_TYPE_SELL)
break;
}
if (i < 0)
if (OrderSend(symbol, OP_SELL, NormalizeDouble(nlongs*((100+percentage)/100)-nshorts,2), open_price2, 3, stop_loss_price2, take_profit_price2, magic_number2+" House + 45 Overhedger 0/0", magic_number2) < 0)
Print("Error: ", ErrorDescription(_LastError));
}
else
for (i = OrdersTotal() - 1; i >= 0; i--)
if (OrderSelect(i, SELECT_BY_POS))
if (OrderMagicNumber() == magic_number2)
if (OrderType() == ORDER_TYPE_SELL_STOP)
if (!OrderDelete(OrderTicket()))
Print("Error: ", ErrorDescription(_LastError));
return(0);
}
}
double RemoveStopsandTargets()
{
int i;
for (i = OrdersTotal() - 1; i >= 0; i--){
if( OrderSelect(i,SELECT_BY_POS, MODE_TRADES))
if( OrderType()==OP_BUYSTOP && MathAbs(OrderOpenPrice()-Ask)<.003)
OrderDelete( OrderTicket() );
else if( OrderType()==OP_SELLSTOP && MathAbs(OrderOpenPrice()-Bid)<.003)
OrderDelete(OrderTicket());}
for (i = OrdersTotal() - 1; i >= 0; i--){
if( OrderSelect(i,SELECT_BY_POS)){
if (OrderType() == OP_SELL && OrderMagicNumber()!=magic_number3){
if (!OrderModify(OrderTicket(), OrderOpenPrice(), NormalizeDouble(0,4), NormalizeDouble(0,4), OrderExpiration()))
Print("Error: ", ErrorDescription(_LastError));
}
if (OrderType() == OP_BUY && OrderMagicNumber()!=magic_number3) {
if (!OrderModify(OrderTicket(), OrderOpenPrice(), NormalizeDouble(0,4), NormalizeDouble(0,4), OrderExpiration()))
Print("Error: ", ErrorDescription(_LastError));
}
}
}
return(0);
}
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