OPEN-SOURCE SCRIPT
M2 Money Shift for Bitcoin [SAKANE]

M2 Money Shift for Bitcoin was developed to visualize the impact of M2 Money, a macroeconomic indicator, on the Bitcoin market and to support trade analysis.
Bitcoin price fluctuations have a certain correlation with cycles in M2 money supply.In particular, it has been noted that changes in M2 supply can affect the bitcoin price 70 days in advance.Very high correlations have been observed in recent years in particular, making it useful as a supplemental analytical tool for trading.
Support for M2 data from multiple countries
M2 supply data from the U.S., Europe, China, Japan, the U.K., Canada, Australia, and India are integrated and all are displayed in U.S. dollar equivalents.
Slide function
Using the "Slide Days Forward" setting, M2 data can be slid up to 500 days, allowing for flexible analysis that takes into account the time difference from the bitcoin price.
Plotting Total Liquidity
Plot total liquidity (in trillions of dollars) by summing the M2 supply of multiple countries.
How to use
After applying the indicator to the chart, activate the M2 data for the required country from the settings screen. 2.
2. adjust "Slide Days Forward" to analyze the relationship between changes in M2 supply and bitcoin price
3. refer to the Gross Liquidity plot to build a trading strategy that takes into account macroeconomic influences.
Notes.
This indicator is an auxiliary tool for trade analysis and does not guarantee future price trends.
The relationship between M2 supply and bitcoin price depends on many factors and should be used in conjunction with other analysis methods.
Bitcoin price fluctuations have a certain correlation with cycles in M2 money supply.In particular, it has been noted that changes in M2 supply can affect the bitcoin price 70 days in advance.Very high correlations have been observed in recent years in particular, making it useful as a supplemental analytical tool for trading.
Support for M2 data from multiple countries
M2 supply data from the U.S., Europe, China, Japan, the U.K., Canada, Australia, and India are integrated and all are displayed in U.S. dollar equivalents.
Slide function
Using the "Slide Days Forward" setting, M2 data can be slid up to 500 days, allowing for flexible analysis that takes into account the time difference from the bitcoin price.
Plotting Total Liquidity
Plot total liquidity (in trillions of dollars) by summing the M2 supply of multiple countries.
How to use
After applying the indicator to the chart, activate the M2 data for the required country from the settings screen. 2.
2. adjust "Slide Days Forward" to analyze the relationship between changes in M2 supply and bitcoin price
3. refer to the Gross Liquidity plot to build a trading strategy that takes into account macroeconomic influences.
Notes.
This indicator is an auxiliary tool for trade analysis and does not guarantee future price trends.
The relationship between M2 supply and bitcoin price depends on many factors and should be used in conjunction with other analysis methods.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。