It still looks like classic martingale.
Yeah that's pretty much what CryptoSparks does. He finds a "strategy" that has a long non-losing streak in his backtests and pretends that it will continue forever. And when it inevitably fails, it's time to blame the whales, or the users not using the bot correctly. And then a new bot that will definitely fix the issue. Except he never puts his own money at risk, such a mystery.