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In the context of high-frequency quasi-periodic oscillation (HF QPOs) we further explore the appearance of an observable signal generated by hot spots moving along quasi-elliptic trajectories close to the innermost stable circular orbit in the Schwarzschild spacetime. The aim of our investigation is to reveal whether observable characteristics of the Fourier power-spectral density can help us to distinguish between the two competing models, namely, the idea of bright spots orbiting on the surface of an accretion torus versus the scenario of intrinsic oscillations of the torus itself. We take the capabilities of the present observatories (represented by the Rossi X-ray Timing Explorer, RXTE) into account, and we also consider the proposed future instruments (represented here by the Large Observatory for X-ray Timing, LOFT)., Comment: 6 pages, 5 figures; based on a talk given at 10th IBWS workshop, some of findings presented in Bakala et al. (2014, MNRAS, eprint arXiv:1401.4468) are discussed in a broader context; to appear in Proceedings of the 10th INTEGRAL/BART Workshop in Karlovy Vary (Czech Republic, 22-25 April 2013), Acta Polytechnica, 2014

High frequency quasi-periodic oscillations (HF QPOs) appear in the X-ray variability of several accreting low-mass binaries. In a series of works it was suggested that these QPOs may have connection to inhomogeneities orbiting close to an inner edge of the accretion disc. In this paper we explore the appearance of an observable signal generated by small radiating circular hot spots moving along quasi-elliptic trajectories close to the innermost stable circular orbit in the Schwarzschild spacetime. Our consideration takes into account the capabilities of observatories that have been operating in the past two decades represented by the Rossi X-ray Timing Explorer (RXTE) and the proposed future instruments represented by the Large Observatory for X-ray Timing (LOFT). For these purposes we choose such model parameters that lead to lightcurves comparable to those observed in Galactic black hole sources, in particular the microquasar GRS 1915+105. We find that when a weak signal corresponding to the hot-spot Keplerian frequency is around the limits of the RXTE detectability, the LOFT observations can clearly reveal its first and second harmonics. Moreover, in some specific situations the radial epicyclic frequency of the spot can be detected as well. Finally, we also compare the signal produced by the spots to the signal produced by axisymmetric epicyclic disc-oscillation modes and discuss the key differences that could be identified via the proposed future technology. We conclude that the ability to recognize the harmonic content of the signal can help to distinguish between the different proposed physical models., Comment: 8 pages, 7 figures, accepted by MNRAS

We study the Rossby wave instability model of high-frequency quasi-periodic oscillations (QPO) of microquasars. We show ray-traced light curves of QPO within this model and discuss perspectives of distinguishing alternative QPO models with the future Large Observatory For X-ray Timing (LOFT) observations., Comment: Proceedings of the French Astronomical Society 2013 Meeting