MartiStoch EA | Stochastic Gambling?

Good day, here is an interesting EA that IS a martingale, which I don't normally like. But I wanted to discuss this one because it is based on the Stochastic indicator. This indicator can be used for successful manual trading. So does this translate to successful martingale style basket trading?

The vendor has provided us with a BT that has over 5000 trades. Remember that this type of strategy is a "hold-and-hope" style basket trader. The fact that it survived this BT is saying some good things indeed.

You will note 5538 trades in just over 3 years trades. Over 6% monthly gain with a max. DD of around 46.6%.

According to the vendor this EA uses the Stochastic indicator (and some others) for its entries on the H1 timeframe. This apparently filters out false signals and makes this a safer trading sytem when compared to other martingale systems.

The vendor has a forward test running that is worthy of note:

This account has not had a losing month since its inception in Sept. 2012. It is running at a 30% monthly clip with around 34% max DD. This is not surprising to me as the markets have not been trending strongly for quite some time now.

While I cannot recommend any type of strategy like this, if you have a higher risk appetite and a ton of leverage to play around with, this might appeal to you. Please let me know if you are going to run this and share your experience with us.