Bitcoin M2 supply adjusted price — Indicator by jeanobrega

Volume Indicator M2 Bitcoin (Cryptocurrency)

volume m2 bitcoin

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 value in blue curve.

Release Notes:

Adjusted to show more clean graphics in order to comply with Pine script publishing policies

Open-source script

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?