This is especially relevant given the current massive printing that is going on within the US economic system. If you look at the S&P500 the market has by no means completely recovered , but due to massive printing most do not realize this by just looking at the base chart. A similar concept applies to Bitcoin . Unfortunately due to today's economic climate one must compensate for printing to get a true analysis of how investments are doing.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.