Is it possible to display vertical lines on statement blocks in the editor?

Is it possible to change the display of the Editor so that it will show vertical lines that indicate which block of code belongs to a statement? (e.g. nested if statements,loops, etc.)

Such as the ones displayed here....

I'm not entirely sure if this has a name, so it is difficult to search for information on.

Thanks in advance

[Tiago Pomella Lobo]

I would also like to know whether this is possible!

[Jordan B]

This would be amazing if MATLAB implemented this as the language is pretty messy and doesn't allow for ways of having clean and easy to follow code.

[Geoff Hayes]

Code folding may be one option to give an idea of which block of code belongs to a statement.