Intraday (within the day)

Ready-made indicator presets and practical tips for intraday trading 👇

Intraday = to take movement within the day (holding from tens of minutes to several hours).

Here you don’t need to catch every candle, the main thing is to avoid late entries and in the middle of the move.

To avoid participating in the chase after every signal and not jumping on the last carriage, Midas helps:

• trade only from interest zoneswhere price starts moving

• enter only on confirmation, where action is needed right now

• filter out extra noisy signals to eliminate overtrading

🤓For beginner intraday traders

Set up the indicator:

• Strategy and number of signals - "Intraday🌞" (signals appear not as quickly as in "Scalping"but there are enough of them to trade within the day)

• Counter-trend signal filter - "Price Channel" (counter-trend signals will be automatically hidden)

• Set the same settings in the lower indicator for synchronized operation

If you're a beginner or confused, use only one 15-minute timeframe and that’s it - no need to play hero until you can repeat the algorithm 20 times in a row:

• Step 1. Using the price channel we look for a clear trend - just look at the color and slope (green up - go long, red down - go short, yellow sideways - skip)

• Step 2. Using the channel boundaries, determine the interest zone from which we will open a position (if the trend is bullish and the channel points up - go long from the lower boundary of the channel, if the trend is bearish and the channel points down - go short from the upper boundary of the channel)

• Step 3. Wait for confirmation of a bounce from the interest zone - several candles cannot break through the interest zone (the channel boundary) + a BUY / SELL signal appears - open a trade in the direction of the trend - approximate targets and stop will be placed on the chart automatically

🎯STEP-BY-STEP TRADING ALGORITHM

Step 1. Look at the trend "for today" using the price channel

• Uptrend = you look for longs (from the lower boundary of the channel)

• Downtrend = you look for shorts (from the upper boundary of the channel)

• Sideways (yellow channel) = skip the asset so you don’t get stopped out

Step 2. Wait for price to approach the interest zone

• Price reached the lower boundary of the channel and got a reaction = long

• Price reached the upper boundary of the channel and got a reaction = short

Step 3. Entry

• You wait for the candle to close and confirmation of a bounce from the channel boundary (several candles failed to break through)

• You enter after the signal, stop beyond the zone / edge of the channel

Step 4. Exit

• If price takes the first take profit, you lock in 50%, move the stop to breakeven

• The main target is the nearest channel boundary / level / liquidity (don’t be greedy)

To avoid blowing up the deposit in 2 days:

• Without a level, we don’t trade the signal, a signal “in the air” = garbage!

• We don’t go against the trend. Want to trade counter-trend? First read the full FAQ!

• Always wait for a signal on candle close. Trading without this turns into chaos!

• Always wait for confirmation - several candles failed to break the level

• Risk per trade: 0,5-1%, stop is mandatory, the first 20 trades are better on micro size

Mini self-checklist:

• Does the price channel show direction? ✅

• Is price at the channel boundary? ✅

• Is the signal in the direction of the higher timeframe trend? ✅

• Has the candle closed? ✅

• Is the stop beyond the zone, not in liquidity? ✅

🎯Visual examples of how to trade and how not to trade

✅Long trades

We see a clear uptrend - the green price channel is pointing up

We wait for price to approach the interest zone - the lower boundary of the channel

We wait for confirmation of the bounce and the signal - we open a long

We take profit at the upper boundary of the channel

Trades “in the air”, even if there was a signal, are skipped - we trade only from levels

✅Short trades

❌Signals in the air

❌Signals against the trend

😎For advanced intraday traders

Set up the indicator:

• Strategy and number of signals - choose "Intraday🌞" (signals appear not as quickly as in "Scalping"but there are enough of them to trade within the day)

• Counter-trend signal filter - if we trade only in the clear trend, choose "Price Channel" or "EMA-200" (you can test other filters and look at the history), if you want to see all signals and filter manually - skip

• Set the same settings in the lower indicator for synchronized operation

To cut out as much noise as possible, take precise entries only from strong interest zones, and confirm entries with several triggers - use three timeframes:

• 4 hours: we look at the trend/sideways - where it even makes sense to trade (on the upper indicator - EMA and channel, on the lower indicator - обязательно money flow to determine the market bottom/peak and the direction of money and follow large capital + trend tape to determine the current wave)

• 1 hour: we look at the interest zone (horizontal levels, price channel, liquidity heatmap, horizontal volume profile)

• 15 minutes (if you’re a sniper - you can use 5 minutes, if you’re busy - you can use 30 minutes): find the entry (look for signals on the lower timeframe - on higher timeframes, ignore signals)

🎯STEP-BY-STEP TRADING ALGORITHM

Step 1. Context (4 hours)

• Uptrend = you look for longs (from EMA, levels, or the lower boundary of the channel)

• Downtrend = you look for shorts (from EMA, levels, or the upper boundary of the channel)

• Sideways = you only trade from levels, no EMA and no “signal in the air”

• Confirm the strength of the level with shelves of horizontal volume

Step 2. Zone (1 hour)

• Price came to a strong level or channel boundary or horizontal volume

• Nearby there is liquidity (as a target, or where they may “sweep before reversing”)

Step 3. Entry (15 minutes)

• Wait the candle to close for confirmation of a bounce from the interest zone

• Enter after the reaction (not into the level, but from the level), stop beyond the interest zone

• Do not place the stop in the liquidity zone (purple strip), price may take that liquidity together with your stop

• Risk per trade: 1-2% depending on experience

Step 4. Exit

• Take profit: the next strong level or the nearest major liquidity

• If price “collects liquidity” and reverses, don’t be greedy - take profit or scale out: 50% immediately, the rest depending on the situation

Mini self-checklist:

• 4 hours: clear trend and context? ✅

• 1 hour: strong zone? ✅

• 15 minutes: is there a reaction? ✅

• Additional triggers confirmed the trade? ✅

Buy / Sell signals are viewed only on the lower timeframe where we determine the entry; on higher timeframes, ignore signals - they are only needed for analyzing the trend and strong levels.

🕰️ About the time of day and market sessions

Intraday strongly depends on liquidity and volatility:

• Do not open a new position 5–10 minutes before a key release/news

• Wait 2–5 minutes after (or wait until the candle “calms down”), and only then analyze

• If you still trade releases: smaller position, wider slippage tolerance, and no “stop in liquidity” (purple bands), if you don’t want to become part of someone else’s take profit

Midas works equally well in any market, but I’ve gathered the most “active” windows at the overlap of market sessions:

🪙 Crypto (24/7)

Best liquidity windows (MSK)

• 10:00–13:00: Europe has woken up.

• 16:00–20:00: Europe + US at the same time (usually the juiciest).

• 20:00–01:00: the US keeps the market moving.

News that really moves crypto

Crypto is 24/7, but US macro releases often produce the sharpest spikes:

• US CPI / NFP are released at 8:30 ET. This is ≈ 16:30 MSK in winter / 15:30 MSK in summer (because the US switches to DST).

• ISM PMI is released at 10:00 ET. This is ≈ 18:00 MSK in winter / 17:00 MSK in summer.

• FOMC: decision 2:00 pm ET + press conference 2:30 pm ET. This is ≈ 22:00/22:30 MSK in winter or 21:00/21:30 MSK in summer.

Overnight (for crypto this is “night mode,” not market close)

• No “market closed” gaps, but there is another nuisance: thin overnight liquidity → sharp wick sweeps (especially 03:00–07:00 MSK).

• Practical rule: do not open new positions 5–10 minutes before a macro release and do not move stops in the first 1–3 minutes after the release (that’s where noise and slippage are).

RU 📈 Stocks

Moscow Exchange (MOEX) (MSK)

Trading windows (currently this logic is used with morning/main/evening parts):

• Morning: 06:50–09:50 (including the opening auction session from 06:50).

• Main: 10:00–19:00.

• Evening: 19:05–23:50.

News (MOEX)

• Corporate: dividends/reports/board decisions/sanctions news often arrive outside the liquid middle of the day, so moves in morning/evening are often more “choppy”.

• Practice: if you carry a position overnight, do it consciously: reduce size, keep the stop where the evening chop won’t take it out, and don’t be surprised by a gap in the morning.

Overnight (MOEX)

• The market is not 24/7, so “overnight” = gap risk (especially after the evening session/in the morning) + news risk while you sleep.

US 📈 Stocks

New York Stock Exchange / Nasdaq (in MSK)

Officially, the core session of the New York Stock Exchange: 9:30–16:00 ET, plus extended hours.

Conversion to MSK (floats due to US DST):

• Main session:

  • winter: 17:30–00:00 MSK

  • summer: 16:30–23:00 MSK

• After-hours until 20:00 ET:

  • winter: until 04:00 MSK

  • summer: until 03:00 MSK

News (US) and why it hurts intraday traders

• 8:30 ET (CPI, NFP, etc.): this is often before the market opens for stocks → then gaps/spikes at the open.

• 10:00 ET (ISM): already during the active market phase → sharp intraday moves.

• 2:00/2:30 ET (FOMC): often the most volatile part of the day.

Overnight (US)

• The main reason for overnight gaps: company earnings reports often come out after the close or before the open, so holding a position “hoping for the best” = a lottery with bad odds.

• Practice: intraday stock positions in the US are usually either closed before the end of the session, or left only if it’s a deliberate swing plan.

💱 Forex (24/5)

Sessions in MSK (based on UTC tables, MSK = UTC+3)

Based on the session schedule in UTC, we get:

• Sydney: 00:00–09:00 MSK

• Tokyo: 03:00–12:00 MSK

• London: 10:00–19:00 MSK (may shift by an hour during transition periods)

• New York: 16:00–01:00 MSK

Most liquid window

The London–New York overlap usually provides the maximum liquidity/movement. In MSK this is approximately 16:00–20:00, but the exact shift depends on summer time in the US/Europe.

News (forex literally “lives” on this)

• 8:30 ET: CPI/NFP and many top-tier releases.

• 10:00 ET: ISM.

• 2:00/2:30 ET: FOMC.

Overnight (forex)

• Mon–Fri the market is open 24h, but weekends = gap risk (especially on news/geopolitics).

• During the week, “night” = thinner liquidity in some pairs → worse spreads/more random sweeps.

⚙️Midas Up settings preset for intraday

Let’s go through the top tools of the upper indicator - what to enable/study so it’s useful, not just pretty. You can hide the rest to reduce chart clutter:

1. Trend (the direction we trade with)

• Simple method - price channel (shows the local trend and the channel boundaries from which a bounce may occur)

• Advanced method - EMA 20 50 100 200 (thanks to 4 different moving average periods, you can quickly understand the local and global trend)

1. Levels (interest zones on the upper indicator from which price will react)

• For a clear trend - price channel (wait for a reaction from the channel boundaries)

• For sideways markets - classic horizontal support and resistance levels

• For determining targets and stops - liquidity heatmap (shows where price will be magnetized - where you should not place the stop)

1. Confirmations (additional triggers for opening a trade)

• Buy / Sell signal - is not a “command to enter,” but only a “reason to open the chart” or additional confirmation of the setup (for example, the trend is bullish, price pulled back to a support level, a bounce up started, and we got a Buy signal - that is confirmation)

• Buyers’ / sellers’ pressure - these are green and red circles near the candle; for a long trade, a green circle is good, for a short trade - a red circle.

⚙️Midas Down settings preset for intraday

Likewise, let’s go through the top tools of the lower indicator - what to enable/study so it’s useful, and what can be hidden to reduce chart clutter:

1. Trend (confirming the direction we trade with)

• Global - money flow (shows the big picture and where the money is going very well)

• Local - trend tape (shows the current wave structure very well without noise)

1. Confirmations (additional triggers for opening a trade)

• Price momentum - replaces all oscillators and shows the strength and speed of momentum much more accurately, and the dots on it show the moment the momentum reverses first

• Overheated scale of 6 main oscillators - quickly and conveniently shows the overall picture of where the market is pushing price (when the scale is broadly colored) and where it reverses (when the colors broadly disappear)

🔔Alerts for intraday trading

• Set alerts so that they arrive after the candle closes, otherwise there will be spam - while the candle is open, signals may flash, but after the close they never repaint

• On the lower 15-minute TF, set alerts for BUY / SELL

• On the higher 1-hour TF, set alerts for bounce from level

• If you need alerts in Telegram - detailed instructions here.

📊How to test the indicator on historical data

Method 1: open settings and uncheck "Show only the last signal" - all past signals will be displayed - they do not repaint after the candle closes, so you can analyze how and where they appeared and find patterns that work

Method 2: open settings and choose the indicator mode "Auto tester" - this will show a table with statistics for the last week / month / year, which includes signal stats and their P/L, stops, win rate, etc...

❓Frequently asked questions about intraday trading

On which timeframes should you even trade intraday?

Base: entries are most often on 15m, because there is less noise and hysteria there. On higher TFs (1 hour / 4 hours) look at trend and zones, but not signals!

What to do if on one TF one signal appears, and on another TF a different one?

Buy / Sell signals work like waves on each TF; each TF has its own signal, unrelated to the other TF. It’s important to confirm the trade by signal only on the TF where we are looking for the entry. On other TFs, do not pay attention to signals!

Where to place the stop in intraday trading?

Classic: beyond the level / beyond the zone, so that a breakout really invalidates the idea. And one separate rule: do not place the stop in liquidity zones (purple stripes), they are often “swept up”.

Where is it more logical to take profit?

• nearest strong level

• price channel boundary

• nearest liquidity (as a “magnet/target”)

• If you want discipline: take 50% profit quickly, manage the rest according to the situation, but don’t turn a scalp into a swing just “because I believe”

Why is 15 full of noise?

Of course it’s not the 5-minute chart, which by itself is noise, but it’s also not the hourly chart. Use the counter-trend filter. To hide all old signals, just click "Show only the last signal"

Why didn’t the level hold?

All levels get broken. Bet on strong ones where there were 2 reactions and confirm the bounce - wait for several candles that failed to break through.

In intraday trading, enter immediately on the signal?

No. A signal is a reason to open the chart, not a command to “jump in with everything.” In Midas, the signal notifies and helps analyze; the decision is yours.

How to avoid counter-trend trades and not suffer?

Turn on counter-trend filtering (EMA-200 or the price channel). This is the basic way to remove all signals against the move.

EMA or price channel: which is better for intraday?

For a beginner, it’s easier price channel: it shows the direction and strength of the local trend and provides dynamic boundaries that are convenient to trade from. You can keep EMA as extra confidence, but don’t set up a “double steering wheel” right away.

What to do if the market is sideways and the channel is yellow?

Yellow mode = the market is choppy. In a sideways market it’s better either to skipor (if you are no longer a beginner) trade only from the boundaries / strong levels, but by no means in the middle of the channel. The price channel was created precisely to see this.

How to set alerts correctly for intraday trading?

Logic: alert = “open the chart”, not “enter without thinking”. Set BUY/SELL on the 15-minute TF. Notifications can be received in the app/browser/email, etc., and the list/limits depend on the plan. See the special section (table of contents on the left) for setup.

What is more important: level or signal?

The level/zone is more important - no doubt. A signal without a zone often turns into an “entry in the air”.}