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h1 net change [keypoems]

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Hourly Net Change Standard Deviation Projections

What it actually does: it shows statistical hourly levels based on the average net change of each specific hour candle.

For every hourly candle the script:

- Shows the hourly open
- Calculates two volatility sets:
- Overall Stdev (which is fixed calculated over 10 years of data)
- Per-hour Stdev levels, it draws ±0.5σ / ±1σ / ±1.5σ / ±2σ bands in both sets.

Why it matters: Those rails are statistical “speed limits”. Price hugging a +1σ per-hour line? Momentum could shift.

The overlay lets you eyeball mean-reversion vs breakout conditions without a single calculation.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.