# Overview

<figure><img src="https://3870127617-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCBVnUk5c5TVytimjy972%2Fuploads%2Fgit-blob-df118e6c77a57fedc05c871f2a4e3b93618535b2%2Fdocs-global-m2-001.png?alt=media" alt=""><figcaption></figcaption></figure>

At its core, Global M2 aggregates major economies’ money supply into a USD-normalized composite, adds a 52-week YoY lens for regime changes, and offers optional smoothing for clearer trend interpretation.

* Pulls national/area M2 series from TradingView ECONOMICS feeds.
* Converts non-USD bases into USD via corresponding FX pairs.
* Sums active regions into a single **Global M2** series shown in **trillions USD**.
* Computes **YoY (%)** with a 52-week lookback.
* Optionally applies **MA (SMA/EMA/WMA)**.
* Renders a compact on-chart label with current level and YoY.

{% content-ref url="features" %}
[features](https://docs.candelacharts.com/investing/macro-and-liquidity/global-m2/features)
{% endcontent-ref %}

{% content-ref url="usage" %}
[usage](https://docs.candelacharts.com/investing/macro-and-liquidity/global-m2/usage)
{% endcontent-ref %}

{% content-ref url="confluences" %}
[confluences](https://docs.candelacharts.com/investing/macro-and-liquidity/global-m2/confluences)
{% endcontent-ref %}

{% content-ref url="faqs" %}
[faqs](https://docs.candelacharts.com/investing/macro-and-liquidity/global-m2/faqs)
{% endcontent-ref %}

**Covered regions (toggleable):** USA, Eurozone, China, Japan, UK, Canada, Australia *(M3)*, India, South Korea, Brazil, Russia, Switzerland, Mexico, Indonesia, Turkey, Saudi Arabia, Argentina, South Africa, Qatar.