PROTECTED SOURCE SCRIPT
Updated Simple Price Envelopes [Clean & Multi-Band]
Summary This is a Price Envelope indicator designed with a "less is more" philosophy. Unlike Bollinger Bands or traditional Envelopes that clutter the chart with historical lines, this tool focuses exclusively on Real-Time Price Action.
It displays up to 3 dynamic support and resistance levels based on a percentage distance from the current price, keeping the chart spotless and distraction-free.
Key Features
Absolute Visual Cleanliness: Uses a rendering system that only shows current levels. No historical trails ("noise") when scrolling back.
Compact Interface: Optimized configuration in a single line per band (Active | % | Width).
Multi-Band: Ability to configure up to 3 independent reversion zones simultaneously.
Extreme Efficiency: Code optimized in Pine Script v6 for minimal resource consumption and zero lag.
Clear Information:
Native price labels on the scale (Y-Axis).
Floating labels with deviation percentage.
Configuration The settings panel has been simplified for quick control:
Global Settings: Define your preferred colors for upper (resistance) and lower (support) levels.
Bands 1, 2, and 3: Each band has its own row where you can:
Toggle the band On/Off.
Define the exact percentage distance.
Adjust the visual dot thickness.
Who is this indicator for? Ideal for Scalping and Day Trading traders looking for mean reversions or volatility breakouts who need to keep their chart clean to analyze market structure without lines obstructing past candles.
It displays up to 3 dynamic support and resistance levels based on a percentage distance from the current price, keeping the chart spotless and distraction-free.
Key Features
Absolute Visual Cleanliness: Uses a rendering system that only shows current levels. No historical trails ("noise") when scrolling back.
Compact Interface: Optimized configuration in a single line per band (Active | % | Width).
Multi-Band: Ability to configure up to 3 independent reversion zones simultaneously.
Extreme Efficiency: Code optimized in Pine Script v6 for minimal resource consumption and zero lag.
Clear Information:
Native price labels on the scale (Y-Axis).
Floating labels with deviation percentage.
Configuration The settings panel has been simplified for quick control:
Global Settings: Define your preferred colors for upper (resistance) and lower (support) levels.
Bands 1, 2, and 3: Each band has its own row where you can:
Toggle the band On/Off.
Define the exact percentage distance.
Adjust the visual dot thickness.
Who is this indicator for? Ideal for Scalping and Day Trading traders looking for mean reversions or volatility breakouts who need to keep their chart clean to analyze market structure without lines obstructing past candles.
Release Notes
Simple Price Envelopes [Clean & Multi-Band]Summary
This is a Price Envelope indicator designed with a "less is more" philosophy. Unlike Bollinger Bands or traditional Envelopes that clutter the chart with historical lines, this tool focuses exclusively on Real-Time Price Action.
It displays up to 3 dynamic support and resistance levels based on a percentage distance from the current price, keeping the chart spotless and distraction-free.
Key Features
- Absolute Visual Cleanliness: Uses a rendering system that only shows current levels. No historical trails ("noise") when scrolling back.
- Compact Interface: Optimized configuration in a single line per band (Active | % | Width).
- Multi-Band: Ability to configure up to 3 independent reversion zones simultaneously.
- Extreme Efficiency: Code optimized in Pine Script v6 for minimal resource consumption and zero lag.
- Clear Information: Native price labels on the scale (Y-Axis) and floating labels with deviation percentage.
Configuration
The settings panel has been simplified for quick control:
- Global Settings: Define your preferred colors for upper (resistance) and lower (support) levels.
- Bands 1, 2, and 3: Each band has its own row where you can toggle the band On/Off, define the exact percentage distance, and adjust the visual dot thickness.
Who is this indicator for?
Ideal for Scalping and Day Trading traders looking for mean reversions or volatility breakouts who need to keep their chart clean to analyze market structure without lines obstructing past candles.
Release Notes
Simple Price Envelopes [Clean & Multi-Band]Summary
This is a Price Envelope indicator designed with a "less is more" philosophy. Unlike Bollinger Bands or traditional Envelopes that clutter the chart with historical lines, this tool focuses exclusively on Real-Time Price Action.
It displays up to 3 dynamic support and resistance levels based on a percentage distance from the current price, keeping the chart spotless and distraction-free.
Key Features
- Absolute Visual Cleanliness: Uses a rendering system that only shows current levels. No historical trails ("noise") when scrolling back.
- Compact Interface: Optimized configuration in a single line per band (Active | % | Width).
- Multi-Band: Ability to configure up to 3 independent reversion zones simultaneously.
- Extreme Efficiency: Code optimized in Pine Script v6 for minimal resource consumption and zero lag.
- Clear Information: Native price labels on the scale (Y-Axis) and floating labels with deviation percentage.
Configuration
The settings panel has been simplified for quick control:
- Global Settings: Define your preferred colors for upper (resistance) and lower (support) levels.
- Bands 1, 2, and 3: Each band has its own row where you can toggle the band On/Off, define the exact percentage distance, and adjust the visual dot thickness.
Who is this indicator for?
Ideal for Scalping and Day Trading traders looking for mean reversions or volatility breakouts who need to keep their chart clean to analyze market structure without lines obstructing past candles.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.