BTC vs M2 Global Index[MIT]Indicator Name:
M2 Global Liquidity Index vs BTC (Normalized + Deviation)
Description:
This powerful macro indicator compares the Global M2 Liquidity Index (USD-denominated broad money supply from major economies) with Bitcoin price, both normalized to the same scale.
It displays:
Normalized Global M2 (yellow line) — adjusted for its own 200-period moving average
Normalized BTC (white line) — adjusted for its own 200-period moving average
Deviation Bar (green/red columns) — shows how much M2 liquidity is leading or lagging BTC
Key Features:
Optional 108-day or 78-day forward offset on M2 data
Toggle between Base (5 major economies) and Extended (13 economies) versions
Clear deviation visualization: Positive (green) = M2 is outperforming BTC → bullish for risk assets; Negative (red) = M2 is lagging → caution or potential correction
Clean, professional layout in a separate pane
Best Use Cases:
Identify when global liquidity is expanding faster than BTC (early bull signal)
Spot liquidity divergences before major BTC tops or bottoms
Macro timing for Bitcoin, altcoins, and risk-on assets
A must-have tool for macro-driven BTC traders and liquidity cycle analysts.
中文版本
指标名称:
全球M2流动性指数 vs BTC 归一化偏差指标
指标介绍:
这是一个专为宏观交易者设计的专业级指标,通过将全球M2广义货币供应量(以美元计价)和比特币价格进行归一化处理,实现两者趋势的直观对比与偏差分析。
核心显示内容:
归一化全球M2曲线(黄色粗线)
归一化BTC价格曲线(白色线)
M2相对BTC的偏差柱状图(绿色/红色柱子)
主要功能:
支持 M2 数据前移 108 天或 78 天(领先显示)
可切换基础版(中美欧日英)与扩展版(13个主要经济体)
偏差柱清晰展示:绿色正偏差 = M2 流动性强于 BTC(利好风险资产);红色负偏差 = M2 滞后于 BTC(需警惕调整)
采用 200 周期归一化,使两者处于同一数量级,便于直接对比趋势强弱
อินดิเคเตอร์ Pine Script®






















