Timeframe M1 · unit %
Rate of change of close velocity - how quickly the average pace of price movement is accelerating or decelerating. Positive jerk means speed is increasing upward; negative means deceleration or reversal.
Positive: the latest bar moved faster in the upward direction than the preceding bars' average pace. Negative: the latest bar moved slower or reversed relative to recent velocity. Near zero: steady pace.
If velocity is like a car's speedometer, jerk is like pressing the accelerator or the brake. Positive jerk means you just accelerated; negative means you just hit the brakes or reversed.
Janira computes Close Jerk 5 deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.