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....
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.