HL Structure 20Cross-asset & regime

Timeframe M1 · unit score

What it measures

Scores the bar-to-bar price structure over 20 bars by counting higher highs and higher lows (bullish structure) versus lower highs and lower lows (bearish structure). Returns a signed normalized score: +1 means fully bullish staircase, -1 means fully bearish breakdown.

How Janira reads it (bullish vs bearish)

Range -1 to +1. Values above +0.2 indicate a dominant sequence of higher highs and higher lows - classic textbook uptrend bar structure. Below -0.2 indicates a dominant sequence of lower highs and lower lows - classic downtrend structure. Near 0 means alternating or indeterminate structure.

In plain language

A healthy uptrend makes a staircase pattern: each step is higher than the last (higher highs), and each pullback stops higher than the prior pullback (higher lows). This score measures whether the last 20 bars are building that pattern or its downward mirror.

Scenarios

• Score > 0.5: Strongly bullish bar structure; the majority of bars are making higher highs and higher lows - a classic ascending staircase is present.
• Score -0.2 to +0.2: Indeterminate structure; the bar sequence shows mixed HH/HL and LH/LL patterns - no coherent directional structure.
• Score < -0.5: Strongly bearish bar structure; most bars are making lower highs and lower lows - a descending staircase is present.
• Score transitioning from -0.4 to +0.3: Structural reversal in progress; the sequence of lower highs and lower lows is giving way to higher highs and higher lows.

More cross-asset & regime indicators

Janira computes HL Structure 20 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.