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Condition

breakout
entry

Price above N-bar high/low (level/state — true every bar; for edge-based use cross+swing)

Category

Price signals

Discriminator

type = "breakout"

Roles

entry

Required fields

lookback_barsreqinteger-

Optional fields

buffer_bpsnumber-
directionenum: above, belowBreakout direction: 'above' = price > N-bar high, 'below' = price < N-bar low
modeenum: level, crossFiring mode. 'cross' (default) = edge, fires once on the bar close first crosses the prior N-bar extreme (CrossCondition). 'level' = true every bar close is beyond the prior N-bar extreme (CompareCondition).
typestring-
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Quawd is a software tool, not a broker-dealer or investment adviser, and does not provide investment advice. Trading involves substantial risk of loss. Backtested and hypothetical results have inherent limitations and are not indicative of future performance.