CAT FLD Smooth

What is an FLD?

The FLD stands for Future Line of Demarcation, introduced by J.M. Hurst in his Cyclic Analysis work.
It is constructed by shifting the price forward in time by half the length of a given cycle. For example, if you want to analyze a 40-bar cycle, you would plot price shifted forward by 20 bars. This creates a projected line that acts as a dynamic reference for where the cycle rhythm should align.

In practice, each cycle has its own FLD (20, 40, 80 bars, etc.), and when price interacts with those FLDs, it often reveals the underlying rhythm of market waves.

How Traders Use the FLD
1. Cycle Detection

When price crosses its FLD, it is often the signal that a cycle trough or peak has recently formed. This allows the trader to recognize where one wave ends and the next begins.

Upward cross → suggests a new upward cycle has started.

Downward cross → suggests a downward cycle is unfolding.

2. Projection of Price Targets

One of Hurst’s key insights is that after crossing an FLD, price often travels a distance roughly equal to the recent cycle’s amplitude. This makes the FLD a tool not only for timing but also for projecting targets.

Example:
If price rises through the 40-bar FLD after a cycle trough, the expected move is often the same height as the move off the last trough to the point of a break through the FLD.

3. Support and Resistance

FLDs can act like invisible levels of support and resistance, but unlike static horizontal levels, they are dynamic and cycle-based. Price often hesitates, bounces, or accelerates when touching its FLD.

4. Multi-Cycle Confluence

Markets rarely move in just one cycle length. By plotting multiple FLDs (for example, 20-bar, 40-bar, and 80-bar), traders can see where several FLDs line up. These confluences are particularly powerful—they highlight high-probability turning points.

Why FLDs Matter?

They help separate noise from structure by focusing on repeating time rhythms.

They provide early signals of where cycles invert.

They give price targets that are not arbitrary, but cycle-derived.

They can be combined with other tools (trendlines, oscillators, volume) for confirmation.

👉 With this indicator, you can visualize Hurst’s FLDs directly on your TradingView charts, making it easier to detect cycles, project targets, and anticipate turning points before they become obvious to everyone else.

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CastAway Trader LLC reserves the right to un-publish this indicator or change it without any written notice.

Past results are not indicative of future profits.