#AsGood-POWER HOUR Vertical Line Heads Up
#Power hour is a time in the market when large frequent trades are executed. These trades can weigh on the value of indexes and stocks during (and after) the power hour. This is especially true for day traders trading 0DTE.
#Friday and Monday frequently have the most volatile hours of the week. FRIDAY TYPICALLY HAS THE MOST VOLATILE POWER HOUR BECAUSE MANY TRADERS ARE TRYING TO GET OUT OF POSITIONS (SUCH AS EXPIRING CONTRACTS).
#Happy Valentines Day by Charles Ricks 2/14/24
input targetTime1300 = 1300;
def OPEN = SecondsFromTime(targetTime1300) == 0;
input targetTime1255 = 1300;
def LAST_5mn = SecondsFromTime(targetTime1300) == 0;
AddVerticalLine(LAST_5mn, "POWER HOUR HEADS UP", Color.White, curve.LONG_DASH);
#Power hour is a time in the market when large frequent trades are executed. These trades can weigh on the value of indexes and stocks during (and after) the power hour. This is especially true for day traders trading 0DTE.
#Friday and Monday frequently have the most volatile hours of the week. FRIDAY TYPICALLY HAS THE MOST VOLATILE POWER HOUR BECAUSE MANY TRADERS ARE TRYING TO GET OUT OF POSITIONS (SUCH AS EXPIRING CONTRACTS).
#Happy Valentines Day by Charles Ricks 2/14/24
input targetTime1300 = 1300;
def OPEN = SecondsFromTime(targetTime1300) == 0;
input targetTime1255 = 1300;
def LAST_5mn = SecondsFromTime(targetTime1300) == 0;
AddVerticalLine(LAST_5mn, "POWER HOUR HEADS UP", Color.White, curve.LONG_DASH);