Hurst FLD
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- New indicator: Hurst FLD's - Future Lines of Demarcation
- Barsback (start from how many bars backwards)
- Period (20,40,60 or 80 recommended)
- Source price (close,open,high,low,median,typical,weighted or volume) (median recommended)
- Price source timeframe (current one (autodetect checked) or another TF from another opened chart)
The FLD is calculated by transposing the midpoint of each candle forward in time by half the wave
length of the cycle degree.
In other terms, the FLD of a particular cycle is calculated by transposing the median price roughly
half the wavelength of the cycle in question into the future.
Simple but powerful concept!