Breakout-Bar Low (BreakoutBarLow)

Emits the low of any candle whose high strictly exceeds the highest high of the prior N candles — a breakout bar. The breakout-bar low is commonly used as a momentum-based stop: if price trades back below it, the breakout has failed.

Live Demo

Pick a market regime to see how BreakoutBarLow(21) reacts:

Usage

import {BreakoutBarLow} from 'trading-signals';
 
// BreakoutBarLow yields results once 21 inputs have been added
const breakoutBarLow = new BreakoutBarLow({lookback: 20});