This really is a combination of many different types of systems. It can be used many different ways. The primary difference for this EA is the close routine. Where most martingale and grid type systems close all buy or sell orders once a profit level is reached, this one takes and closes the orders that are in profit along with a losing order. This, in effect, behaves a little more along the lines of a grid system. The Multiplier (martingale) variable simply determines the rate at which the orders are incremented. Multiplied = Martingale, not Multiplied = Grid.

So, to answer your question, no, it doesn't use a Martingale strategy for MM...

Don

PS - Feel free to Skype me @ don_forex and mention the EA in the comments