Plots current ticker / M2 money supply, to give an idea of 'inflation adjusted performance'.
~In the above, see the last decade of bullish equities is not nearly as impressive as it seems when adjusted to account for the FED's money printing.
~Works on all timeframes/ assets; though M2 money supply is daily data release, so not meaningful to plot this on...
V=GDP/M2
Major world economy's money supply velocity. Compare how each country's monetary policy has played out and current trajectory in comparison to others. The velocity of money is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period. The concept relates the size of economic...
This script plots bitcoin candles adjusted by M2 supply (blue line), helping the trader to obtain insight of new support/resistance levels adjusted by M2 supply.
Note: As it was not possible to make the price adjust automatically by the last M2 value (pinescript limitation, I guess), the input parameter "M2Last" must be updated manually observing the last M2...
MVPA=GDPPC/( M2 /POP). An adaptation to normal Money Velocity, taking into account populations for more volatile plots/different perspective. Major world economy's money supply velocity. Compare how each country's monetary policy has played out and current trajectory in comparison to others. The velocity of money is a measure of the number of times that the...
Plots the gold price (USD) for the quantities (grams) identified as support or resistance in the indicator settings. Default values are:
75 gold grams
300 gold grams
500 gold grams
1000 gold grams
5000 gold grams
More context: The purchasing power of Bitcoin
