Pin Bar Score 14Microstructure

Timeframe M1 · unit score

What it measures

Signed accumulation of pin-bar shape quality over 14 bars. Bullish pin bars (long lower wick, small body near the top) contribute positively; bearish pin bars (long upper wick, small body near the bottom) contribute negatively.

How Janira reads it (bullish vs bearish)

Positive values: recent bars have predominantly shown the long-lower-wick shape associated with downside rejection. Negative: predominantly upper-wick rejection of upside. Near zero: no meaningful pin-bar pattern.

In plain language

A pin bar is a candle with a tiny body and one very long wick - the market shot in one direction but was completely rejected and snapped back. This score measures how many such rejection candles have appeared and in which direction.

Scenarios

• Score above +0.5: multiple bullish pin bars in the window - the market has repeatedly rejected lower prices with long lower wicks.
• Score below −0.5: multiple bearish pin bars - repeated rejection of higher prices through long upper wicks.
• Score near zero with high body ratio: candles are body-dominated, not pin-shaped - the current bars do not show reversal probe character.
• Score switching from negative to positive: the character of the rejection candles has flipped - the type of pressure being rejected has changed direction.

More microstructure indicators

Janira computes Pin Bar Score 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.