If you are a Short Term trader, then use 2 hourly and combination.
So after a downtrend, buy when 2 hourly candle turns green and wait until Daily candle also turns Green. Exit when 2 hourly candle turns red.
Ride the trend and do not exit until the 2 hourly candle turns Red.
When 2 consecutive candle body become thin, means end of a trend is near. Therefore either reduce the position or hedge.
Discipline is the key, therefore exit on the indication and do not wait in hope of marking turning your side.
O = ema(open,3)
H = ema(high,3)
L = ema(low,3)
C = ema(close,3)
haclose = (O + H + L + C) / 4
haopen = na(haopen) ? (O + C) / 2 : (haopen + haclose) / 2
hahigh = max(H, max(haopen, haclose))
halow = min(L, min(haopen, haclose))
plotcandle(haopen, hahigh, halow, haclose, title='Mod_HA', color=(haopen < haclose) ? green : red, wickcolor=gray)