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Default Counting Occurences Formulas

I am trying to find out if something occurred between certain hours of the
day. I am looking at 1 hour time bands between 5 pm and 6 am, which is
between 17:00 and 6:00. I need a formula that will compare the start and end
times (between 17:00 and 6:00, and return a True value if it occurs in each
one hour time band. For example, I want a True returned if something
occurred between 17:00 and 18:00, in which case that something's actual times
are 17:15 and 17:45. So since these times are between that 17:00 and 18:00,
I want a True entered. How can I write a formula for this? Also, is there
any exception to the formula when going past 24:00?
thanks.
 
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