OPEN-SOURCE SCRIPT

High Low Every Candle Envelope

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This indicator plots two dynamic lines that follow the exact high and low of every candle on the chart.
The upper line is drawn using the high of each bar, and the lower line is drawn using the low of each bar. Together, they form a real‑time envelope that perfectly touches the top and bottom of every candle without smoothing or averaging.
This creates a visual channel that shows the full price range of each bar and highlights volatility expansion and contraction. The fill between the lines provides a clear view of how price moves within its own candle‑to‑candle extremes.
Key features:
• Top line touches the high of every candle
• Bottom line touches the low of every candle
• No lag, no smoothing, no averaging
• Real‑time envelope that updates every bar
• Optional color fill between the lines for clarity
• Works on any timeframe and any market
This tool is useful for traders who want a clean, unobstructed view of raw price extremes, volatility structure, and candle‑range dynamics.

면책사항

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