DislikedI've used many Martingale EAs so I think a news filter won't work because we never know what will happen even when the news is off :- ). The critical part is to lower the DD by hedging against the losing trades. I think it is nice to add a hedging function when the DD touches a trigger point, say 50% or 60%. The hedging positions will automatically place the Stop loss which is the TP of the losing trades and the TP will be the Stop loss of the losing trades. The hedging lot size should be smaller or equal to the total lot size of the losing trades....Ignored
-open a buy of 0.35 with a Tp of 5 pips.
-buy reaches its TP, open new buy 0.35 with TP of 5 pips
-the trend continues and another sell opens, so the size of the sells adds up to 0.5 lots.
-buy of 0.35 lots reaches your TP and a new buy opens for 0.5 lots tp of 5.
-as successively, at least the account will be increased until finally sell reaches its TP, close all open operations in both sell and buy and there is a large loss in the coverage buy.
sorry for my bad English...