Global M2 10-Week Lead (for bitcoin)

11 Nis

This script displays a combined view of the Global M2 Money Supply, converted to USD and adjusted with a configurable forward lead (default 10 weeks). It is designed to help visualize macro liquidity trends and anticipate potential impacts on Bitcoin price movements across any timeframe.

🔹 Main Features:
- Aggregates M2 data from 18 countries and regions including the USA, Eurozone, China, Japan, and more.
- All M2 values are converted to USD using respective exchange rates.
- Customizable “Slide Weeks Forward” setting lets you project global liquidity data into the future.
- Works on all timeframes by adjusting the projection logic dynamically.
- Toggle each country’s data on or off to customize the liquidity model.

💡 Use Case:
Global liquidity is often a leading indicator for major asset classes. This tool helps traders and analysts assess macro-level trends and their potential influence on Bitcoin by looking at changes in M2 money supply worldwide.

💡 Inspired By:
This tool mimics the Global M2 10-Week Lead liquidity indicator often referenced by Raoul Pal of Real Vision and Global Macro Investor, used for macro analysis and Bitcoin movement prediction.

📊 Note:
All economic and FX data is sourced from TradingView’s built-in datasets (ECONOMICS and FX_IDC). Data availability may vary depending on your plan.

21 May

Sürüm Notları

- Default value changed to 12-Week Lead.
- Enabled possibility to slide weeks backwards to a maximum of -52 weeks (one year).