MTC Hurst FLD

MTC Hurst FLD — Future Lines of Demarcation for TakeProfit

This indicator implements J.M. Hurst's Future Lines of Demarcation (FLD) system — a forward-looking cycle analysis tool that projects median price into the future to identify trend direction, confirm cycle peaks/troughs, and generate precise entry and exit signals.

Designed as the companion to the MTC Hurst Diamond indicator

━━━ WHAT IS AN FLD? ━━━

An FLD is simply the median price ((High + Low) / 2) shifted forward in time by half the cycle length. As Hurst described it in his 1973 Cycles Course: offset the price graph forward by (cycle_length / 2) + 1 bars.

This deceptively simple tool reveals three critical pieces of information:

1. When price crosses the FLD, it confirms that a cycle peak or trough has formed
2. The cross generates a price target for the next peak or trough
3. The relationship between price and FLD reveals the current phase within the cycle

━━━ THE 3 FLD LINES ━━━

Following Hurst's FLD Trading Strategy (as formalized by David Hickson), the indicator plots three FLDs based on a harmonic cycle trio:

• Signal FLD (Cyan, default: 20 bars) — Half the Trade Cycle. Generates entry/exit signals via the A-H interaction sequence.
• Trade FLD (Yellow, default: 40 bars) — The cycle you want to trade. Confirms Signal FLD signals.
• Trend FLD (Orange, default: 80 bars) — Twice the Trade Cycle. Shows the dominant trend direction.

When these three FLDs run parallel with consistent separation (cascading pattern), the market is in a strong trend. When they intersect and tangle, expect consolidation or a pause zone.

━━━ A-THROUGH-H INTERACTIONS ━━━

The core of the FLD Trading Strategy. Over one full Sequence cycle (= Trend cycle), price interacts with the Signal FLD in a predictable 8-phase sequence. Each phase is marked with a colored background and a letter label at the crossover point:

A — Bullish Cross (Green) Price crosses ABOVE the Signal FLD rising from the Sequence trough. First long opportunity. Strong entry when Trend FLD confirms.

B — Support (Neutral) Price pulls back to the FLD and finds support. This is Hurst's "mid-channel pause" at the first Signal cycle low. Generally not traded directly, but the quality of support tells you about the underlying trend.

C — Bounce (Green) Price bounces away from FLD support. Bullish continuation trade. Often reaches new highs if the A-interaction was strong.

D — Bearish Cross (Red) Price crosses BELOW the Signal FLD. First short opportunity. Falls toward the second Signal cycle trough.

E — Bullish Cross (Green) Price crosses ABOVE the FLD again, rising from the second Signal trough. Second long opportunity. Can be very profitable if longer cycles are bullish.

F — Bearish Cross (Red) Price crosses BELOW the FLD. The optimal short trade. Falls toward the Sequence trough. If the D-interaction overshot its target and E was weak, this trade should exceed its target.

G — Resistance (Neutral) Price pulls back UP toward the FLD and finds resistance. Brief rally that gets rejected. Do not go long here.

H — Rejection (Red) Final move down into the Sequence trough. Price is rejected at or near the FLD. Can be used to extend the F-trade or enter a late short position.

━━━ HOW TO READ THE PHASES ━━━

• Green background (A, C, E) = Bullish phases — look for long entries 
• Red background (D, F, H) = Bearish phases — look for short entries
•  Neutral background (B, G) = Transition phases — wait for confirmation
•  A & E are the primary long signals • D & F are the primary short signals
•  If A overshoots its target → strong bull, expect more upside
•  If F overshoots its target → strong bear, expect more downside
•  If targets are undershot → opposing longer cycle is pushing against the trade

━━━ FLD PRICE TARGETS ━━━

When price crosses the Signal FLD: Target = Cross Price + (Cross Price - Origin Price)

Where Origin Price is the low (for bullish crosses) or high (for bearish crosses) at the start of the cycle move. If the target is overshot, longer cycles are working with you. If undershot, longer cycles are working against you.

━━━ SETTINGS ━━━

• Signal Cycle: Half the Trade Cycle (default: 20) 
• Trade Cycle: The cycle you want to trade (default: 40)
• Trend Cycle: 2x Trade Cycle (default: 80) 
• Smoothing: Optional SMA smoothing of median price (1 = off) 
• Show A-H Background: Toggle the colored phase backgrounds
• Show A-H Labels: Toggle the letter labels at crossover points
• Show Info Panel: Display current phase and FLD distance info