It is a pretty late reaction to continue this thread, but I've now managed to apply and fine tune my algorithms to the hourly charts. Here is an example of the candlestrength system applied to EUR-USD.
Click on this link to view the chart.
You too can create such a chart at my
website. You would need to have your own data in csv format to generate this chart.
Your comments would be greatly appreciated.
Dusant
Chief Architect
http://www.candlestrength.com/