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Global M2 Money+ Supply Input Lead (USD)

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Global M2 Money Supply + INR+CAD Input Lead (USD)
This indicator calculates the global M2 money supply in USD by aggregating M2 data from multiple economies, converted to USD using their respective exchange rates. It overlays the scaled M2 data on the chart with a user-defined time shift to analyze potential correlations with asset prices, such as Bitcoin. The indicator is designed to help traders assess global liquidity trends with a customizable lead or lag.
Countries Included:
Eurozone (EUM2)

North America: United States (USM2), Canada (CAM2)

Non-EU Europe: Switzerland (CHM2), United Kingdom (GBM2), Finland (FIM2), Russia (RUM2)

Pacific: New Zealand (NZM2)

Asia: China (CNM2), Taiwan (TWM2), Hong Kong (HKM2), India (INM2), Japan (JPM2), Philippines (PHM2), Singapore (SGM2)

Latin America: Brazil (BRM2), Colombia (COM2), Mexico (MXM2)

Middle East: United Arab Emirates (AEM2), Turkey (TRM2)

Africa: South Africa (ZAM2)

Input for Lead/Lag:
Time Shift (days): Adjust this input to shift the M2 data forward (positive values) or backward (negative values) on the chart. For example, setting a lead of 85 days shifts the M2 data 85 days into the future, helping traders analyze potential leading indicators for price movements.

Penafian

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