Go with the trend

Go with the trend strategy .

Hallo everybody. I have this idea and I would like to present it to you all so we can chat about it .
The idea is to follow the candle trend in two timeframes .
1. First of all check the color of the last closed four candles in 4h. If the green candles are more than the red then go to 1h timeframe and check only for long trades .
2. Check out the last closed four candles in 1h timeframe now ( not including the current one ). If green candles are more than red then open long position .
3. Close position with candle close .
4. Double position if you don’t succeed.

Waiting for your comments

Going with the trend depends on what your strategy is.
There are trends to follow on every time frame. Your trading strategy will dictate which one you follow.

Why double the position if you take a loss? So you lose double if the next one is a loss too? You may have some system that works for you like that but ive only see systems like that fail miserably. Im guessing your a fan of martingale systems?

Trend following strategies are for me the best ones, but martingale strategies are the worst…
A few of them are profitable even over a middle term period and under certain market conditions. That is the reason martingale strategies to be used from Asses Managers for marketing purposes showing stable performance over a certain period (what most of the investors want…) not mentioning the risk.
One thing is for sure with the martingale strategy, no matter how good it is - it will fail someday somehow. If you have the bad luck to begin with a martingale strategy in a bad moment, your account is finished in no time…