Yuripe said:
We are describing time as the one dimension of spacetime but you can see that it's a little different from the other dimensions. We're not free to stop in time or change direction of our movement in it as we can do in spatial dimensions.
The metric quoted earlier by DaleSpam works regardless of the direction of movement in time dimension and that's fine, but we don't observe such freedom in real world.
You're right, the metric doesn't single out a preferred orientation of past and future, and at the level of very simple systems of just a few particles, I gather, there is no preferred orientation. Even at a macroscopic scale, if you look at a simplified model of planets moving under the influence of gravity, "playing the film backwards" doesn't look fundamentally different, except that they'd be moving in the opposite spatial direction. The difference we observe between past and future that makes it possible for us to agree on which is which seems to be something statistical that emerges from complex systems. I find all this mysterious and fascinating, and certainly don't claim to understand it. I keep mentioning thermodynamics because I think some of the answers to your questions may lie there; but haven't got very far with my studies of this, so I can't say much useful about it.
But although the metric doesn't tell you which is the best way to call the future, the fact that this metric isn't changed by circular or hyperbolic rotations of coordinates makes it impossible to reverse time orientation by such means. No combinations of turns or changes of velocity will turn your past into your future and vice-versa, whatever that would mean physically.
Changing direction. We can change direction in space because there's more than one dimension of space. I can take a step north, then a step east. I don't have to stick to the north south line all the time. When an object changes its speed, even if it doesn't change its direction of movement through space, there is something analogous to a change of direction that happens in spacetime: that hyperbolic rotation I mentioned. This is covered in any good introduction to special relativity. It's an interchange of time and space coordinates, analogous to the way a circular rotation interchanges different space coordinates. As there is only one dimension of time in this model, there's never a circular rotation-like interchange of two time coordinates, and that's something that makes time different from space.
The speed of light being a cosmic speed limit, and the related geometric properties of flat spacetime (non-curved spacetime, spacetime without gravity), make it impossible to have a "closed timelike curve" in flat spacetime: a traversible path that forms a loop. As far as I know, it's an open question whether such a thing could exist in curved spacetime. If it did, the article I linked to argues, there would be no natural way of specifying which direction was the future for the whole closed curve. The local future at one point on the curve would inevitably be pointing towards the past from the perspective of another point on the curve. What this would mean in practice, I don't know!