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...
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