Lower Wick Ratio 14Microstructure

Timeframe M1 · unit ratio

What it measures

Average fraction of each bar's total range that sits below the real body (lower wick) over the last 14 bars. Quantifies how consistently the market found buyers at the lows.

How Janira reads it (bullish vs bearish)

High values (above 0.4) mean bars regularly dipped below where they closed - buyers drove price back from lows. Low values mean closes near lows - sellers were in full control.

In plain language

The lower wick is the market's failed attempt to go lower. A big lower wick means it tried to fall but buyers stepped in and pushed it back up. When most bars show this, there is consistent demand at the lows.

Scenarios

• Lower wick ratio above 0.5: buyers are consistently absorbing dips - each probe lower is met with buying interest.
• Lower wick ratio below 0.15: bars are closing near their lows - sellers are maintaining full downside momentum without buyers stepping in.
• Lower wick ratio rising during a downtrend: the market is starting to find buyers below - potential deceleration of selling pressure.
• Lower wick ratio stable around 0.25: balanced bar structure with moderate lower wicks - no strong directional demand signal.

More microstructure indicators

Janira computes Lower Wick Ratio 14 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.