Consecutive RunMicrostructure

Timeframe M1 · unit bars

What it measures

Signed count of the current streak of same-direction closes. Positive values mean consecutive bullish bars (close ≥ open); negative values mean consecutive bearish bars.

How Janira reads it (bullish vs bearish)

+5 means the last 5 bars all closed above their open - an uninterrupted buying streak. −4 means 4 consecutive bearish bars. Values near ±1 indicate the streak just started or was broken.

In plain language

This counts how many times in a row the market has moved in the same direction. Like counting how many coin flips came up the same way in succession.

Scenarios

Run above +4: four or more consecutive bullish bars - a sustained directional bias without interruption; momentum is aligned.
Run below −4: four or more consecutive bearish bars - persistent selling conviction bar after bar.
Run changing sign: the streak has broken and a new opposing one has begun - the immediate directional pattern has reversed.
Run of ±1 in a volatile session: single-bar bursts that immediately reverse - choppy price action with no sustained direction.

More microstructure indicators

CVD Proxy 20 Buy/Sell Imbalance 10 Body Ratio 14 Upper Wick Ratio 14 Lower Wick Ratio 14 Wick Skew 14 Gap Pct Range Position

Janira computes Consecutive Run 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.