DB - Global M2 Money Index (Pro Version)

8 Apr

This professional-grade TradingView indicator plots a composite Global M2 Money Supply Index by aggregating the money supply (M2) of 21+ global economies—adjusted to USD via currency conversion. It helps traders and investors assess the global liquidity cycle and its potential leading relationship with asset classes like Bitcoin, equities, and gold.

This Pro version includes an optional 5-color dynamic heatmap gradient, manual color override, correlation table, and preset time offsets for popular assets to easily visualize delayed macro correlations.

✅ Key Features:
1. 💰 Global M2 Aggregation

• Sources daily M2 data from:
  
• US, EU, UK, China, Japan, Canada, Brazil, India, Russia, and more (21 total).
  
• Adjusts all foreign M2 values to USD via FX pairs.
  
• Normalizes total M2 data to trillions (divided by 1e12).
  

2. 🔀 Time Offset Options

• Easily offset the M2 curve to match lagging or leading macro behavior.
  
• Preset Offsets for key assets like:
  
• Bitcoin (108 days), SOL (82), SUI (84), ETH (78), TSLA (77), QQQ (50), Gold (7), etc.
  
• Or use Manual Offset (custom range: ±1000 days).
  

3. 🌈 Visual Heatmap (Optional)

• Enable 5-Color Heatmap Gradient for dynamic insight:
  
• Blue to Green to Yellow to Orange to Red.
  
• Indicates relative M2 supply pressure over a 90-day range.
  
• Or use a Manual Line Color for static visualizations.
  

4. 📈 Overlay Plotting

• Plots the M2 curve directly on the chart (right-scale overlay).
  
• Adjustable offset aligns the plot visually with price action trends.
  

5. 📋 Built-In Correlation Table

• Auto-calculates and displays correlations between the asset’s price (HLC3) and the M2 index (with offset applied) across:
  
• 30, 60, 90, 180, 360, 540, and 720-day lookbacks.
  
• Dynamic table includes:
  
• Correlation % (color-coded: red for negative, green for strong positive).
  
  
• Adjustable position (top/bottom/left/right).
  

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🔧 Customization Inputs:
Manual Time Offset (days)

Asset Offset: dropdown with preset lags

Enable 5-Color Heatmap

Manual Line Color

Table Position: full placement control
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📊 Use Case:
Perfect for macro-focused traders who want to:

Track global liquidity trends.

Time lagged macro correlations (e.g., M2 expansion → crypto rallies).

Confirm or dismiss liquidity-driven market regimes.

8 Apr

Nota Keluaran

small update to v 5 Pinescript

6 hari lalu

Nota Keluaran

Optimized the SOL Preset on the drop down


5 hari lalu

Nota Keluaran

Small update...

5 hari lalu

Nota Keluaran

Update Summary for "DB - Global M2 Money Index (Pro Version)"
🔘 Checkbox Controls for M2 Sources
Manually toggle which countries' M2 data are included in the global total. Easily isolate U.S., China, India, or any combination for focused macro views.
🧮 Offset Logic Fix
Fixed bug with SOL's offset label and logic mismatch. Now SOL (105) works like the other asset dropdowns.
🌡️ Dynamic 5-Color Heatmap Gradient
Maintains the visual heatmap of the M2 curve with customizable manual override.
📊 Correlation Table Enhancements
✅ Optional toggle (Show Correlation Table)
✅ Dynamic row-based accuracy for multiple timeframes
✅ Fully restyled red-to-green background gradient depending on correlation strength
✅ Text turns black if correlation ≥ 70% for improved contrast
💥 Emoji Labels (Optional)
Toggle Show Emoji Markers adds expressive labels:
💚 = strong positive correlation (> 85%)
💀 = strong negative correlation (< -50%) (🔺 / 🔻 were removed per your request)