A big part of it seems to be the opening of the second 'fallback' trade. An account trading at risk 10 would 'only' lose 25% if the SL was hit. Even at risk 30, the account would lose 75% but not be destroyed. Every time the secondary trade was entered, it seemed that the readjustment in the exit price seemed very small, but the risk is now doubled. Would it be possible to have an option in the EA to only readjust the exit price lower (leading to a smaller profit or a small loss upon exit) without actually entering a second trade? The second trade is what causes an actual risk of crashing the account altogether.
I've been trading this EA for a month now and am very impressed with the results, but am only willing to risk a very small amount due to the risk of crashing the account (which WILL inevitably happen someday, no matter what backtesting says or how astute the EA is - that's just statistics). Considering the backtest and the performance over the past 4 months I believe the risk can be mitigated by good money management, but eliminating that risk (or giving the user the option to eliminate it) would really bring it over the top.