Hi, everyone. I would like to answer a popular question: Can you use it on an hourly chart?

The answer is: Yes, you can! Let's have a closer look at it.

First, it is a daily signal. When you open it on an hourly chart, you may see very similar bars repeating all the way. It is because a daily signal fills an hourly chart with the same signal. This is correct.

Second, you should buy only if the previous daily bar was green and sell only if the previous daily bar was red. Forget about your hourly bars for the current day! This is so because a signal of the current bar may be fluctuating and changing. To use this indicator correctly, you should rely on a signal of the previous daily bar which finished.

Third, in your hourly chart, follow the signals of the blue RSI line. If it is over 70, do not buy yet even though the green bars tell you so. Wait till the blue RSI line falls below 30, that's when the perfect moment to buy comes. Reverse this logic for red bars when you are looking for a moment to sell.

And yes, it wold be even more profitable to use that same signal on a daily chart.

Hi, everyone. I finally found a good way to add an intraday trading to the advisor "Intraday Rush". So now it is mostly daily trading (new trades every new day). I am going to add to the new version another timeframe - 2-hours.

It is going to be the same logic, but you will be able to choose between daily and hourly trading. 2h-timeframe has 12 times more trades than daily. It also bring more flexibility of course, because the advisor can react to market fluctuations much faster.

The indicator "IRush" will also be updated! So stay tuned! The new update will be published no later than next week!