FLD's - Future Lines of Demarcation
FLD (Future Line of Demarcation)
This Pine Script indicator plots a (optionally smoothed) price source shifted forward by a user-defined number of bars (default 40).
How it works
Takes a source (default: hl2)
Optionally applies SMA, EMA, or RMA smoothing
Plots the result offset forward by the Period value
Use case
Primarily used in cycle analysis (especially JM Hurst-style methods). The FLD acts as a dynamic future support/resistance line. Traders watch for price interactions with the FLD to time entries, exits, or potential cycle turns.
I was surprised no real pine 6 versions existed....
This Pine Script indicator plots a (optionally smoothed) price source shifted forward by a user-defined number of bars (default 40).
How it works
Takes a source (default: hl2)
Optionally applies SMA, EMA, or RMA smoothing
Plots the result offset forward by the Period value
Use case
Primarily used in cycle analysis (especially JM Hurst-style methods). The FLD acts as a dynamic future support/resistance line. Traders watch for price interactions with the FLD to time entries, exits, or potential cycle turns.
I was surprised no real pine 6 versions existed....
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.