Indicator · Pine Script v4 · On the chart

FLD with Projection Simple V2

by mikeyhu70

This indicator draws Future Line of Demarcation lines on the price chart: the price source is shifted forward by half a cycle for up to three cycle periods, with automatic or manual periods and bar multipliers based on the chart timeframe.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code892
Settings40inputs
LicenceNone stated
Last update6 months ago15 Apr 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Projected forward and backward cycle lengths are plotted, with transparency, width, smoothing and label offset settings per line. It supports cycle analysis and has no entry or exit rules.

Details

Published by

mikeyhu70 on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Category

Support & resistance

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Sourcesourcehl2src
Delay(must be less than Period)int0delay
Plot Raw instead of smooted?boolfalseplot_raw
Plot Consistent FLD Period?booltrueplot_consistent_period
Hide FLD0?boolfalsefld0_hide
Auto FLD #0 Setting?stringAutomode_fld0
FLD TF Period #0float5.0Period0
Number of FLD #0 Cycles to Display?float3.75fld0_hist_bar
FLD #0 Auto Multiplier?stringAutomode_multiplier0
FLD #0 Bars in TF Periodint1Multiplier0
Transparency Period #0int85Transp0
Line Width Period #0int1Width0
Show all 40 settings
SettingTypeDefaultVariable
Label Offset FLD 0int1offset_len0
MA Smooth Len #0int1smooth_len0
Period for Though Search FLD0int10period0
Hide FLD1?boolfalsefld_hide
Auto FLD #1 Setting?stringAutomode_fld
FLD TF Period #1float10.0Period
Number of FLD #1 Cycles to Display?float5.25fld_hist_bar
FLD #1 Auto Multiplier?stringAutomode_multiplier
FLD #1 Bars in TF Periodint1Multiplier
Transparency Period #1int30Transp
Line Width Period #1int1Width
Label Offset FLD 1int5offset_len1
MA Smooth Len #1int3smooth_len
Period for Though Search FLD1int10period1
Hide FLD2?boolfalsefld2_hide
Auto FLD #2 Setting?stringAutomode_fld2
FLD TF Period #2float20.0Period2
Number of FLD #2 Cycles to Display?float5.25fld2_hist_bar
Number of FLD #2 Cycles to Display (Alternate)?float10.5fld2a_hist_bar
FLD2 Auto Multiplier?stringAutomode_multiplier2
FLD2 Bars in TF Periodint1Multiplier2
Transparency Period #2int60Transp2
Transparency Period #2 (Alternate)int70Transp2a
Line Width Period #2int2Width2
Line Width Period #2 (Alternate)int1Width2a
Label Offset FLD 2int5offset_len2
MA Smooth Len #2int3smooth_len2
Period for Though Search FLD2int10period2
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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