I imagine you're already using ripple blanking, so you can have the display off by default. Then use a single latch to turn the display on and off.
I also imagine your display has a register which already has a load and reset function. You can use those same lines to the display.


This way your computer has more deliberate control over the display. I just implemented this on my computer and it works great.
I believe in a real computer you couldn't have a "disconnected detector" as a disconnected line could have any errant signal on it since it is not tied to ground.