Global M2 ex-China Monitor

Global M2 Monitor - Ultimate Edition

🎯 OVERVIEW
Advanced global M2 money supply monitoring indicator, offering a unique macroeconomic view of global liquidity. Real-time tracking of M2 evolution in major developed economies.

📊 KEY FEATURES

• Global M2 Aggregation: USA, Japan, Canada, Eurozone, United Kingdom
  
• Currency Conversion: All data converted to USD for consistent analysis
  
• High Resolution Display: Daily curve by default
  
• Technical Analysis: 50-period moving average (SMA/EMA/WMA)
  
• Accurate YoY Calculation: Annual variation based on monthly data
  
• Advanced Signal System: Multi-condition color codes
  

🎨 COLOR SYSTEM - DEFAULT SETTINGS

• 🟢 GREEN: YoY ≥ 7% AND M2 ≥ SMA → Strong growth + Bullish momentum
• 🔴 RED: YoY ≤ 2% AND M2 ≤ SMA → Weak growth + Bearish momentum
• 🟢 LIGHT GREEN: YoY ≥ 7% BUT M2 < SMA → Good fundamentals, temporarily weak momentum
• 🔴 LIGHT RED: YoY ≤ 2% BUT M2 > SMA → Weak fundamentals, price still supported
• 🔵 BLUE: YoY between 2% and 7% → Neutral zone of moderate growth

🇨🇳 WHY IS CHINA EXCLUDED BY DEFAULT?

Chinese M2 data presents methodological reliability and transparency issues. Exclusion allows for more consistent analysis of mature market economies.

• Different M2 definition vs Western standards
  
• Capital controls affecting real convertibility
  
• Frequent monetary manipulations by authorities
  
• ✅ Available option: Can be activated in settings
  

⚙️ OPTIMIZED DEFAULT PARAMETERS

// DISPLAY SETTINGS
Candle Period: D (Daily)
// MOVING AVERAGE  
MA Period: 50, Type: SMA
// BACKGROUND LOGIC
YoY Bullish: 7%, YoY Bearish: 2%
SMA Method: absolute, Threshold: 0.2%
// COLORS
Transparency: 5%
China M2: Disabled

📈 RECOMMENDED USAGE

• Traders: Anticipate sector rotations
  
• Investors: Identify abundant/restricted liquidity phases
  
• Macro-analysts: Monitor monetary policy impacts
  
• Portfolio managers: Understand inflationary pressures
  

🔍 ADVANCED INTERPRETATION

• M2 ↗️ + YoY ≥ 7% → Favorable risk-on environment
  
• M2 ↘️ + YoY ≤ 2% → Defensive risk-off environment
  
• Divergences → Early warning signals for trend changes
  

💡 WHY THIS INDICATOR?
Global money supply is the lifeblood of the financial economy. Its growth or contraction typically precedes market movements by 6 to 12 months.

"Don't fight the Fed... nor the world's central banks"

🛠️ ADVANCED CUSTOMIZATION
All parameters are customizable:

• YoY bullish/bearish thresholds
  
• SMA comparison method (absolute/percentage)
  
• Colors and transparency
  
• Moving average period and type
  
• Optional China inclusion
  

📋 TECHNICAL INFORMATION

• YoY Calculation: Based on monthly data for consistency
  
• Sources: FRED, ECONOMICS, official data
  
• Updates: Real-time with publications
  
• Currencies: Updated exchange rates