h1 net change [keypoems]

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.