NDay Breakout (Python)

N-day high/low breakout strategy N-day breakout looks for new highs or lows over the given period. Entries occur when price pierces the latest N-day high or low, anticipating momentum. A moving-average filter and percentage stop manage exits. By waiting for the prior extreme to break, the system attempts to catch the start of a directional move. Filtering by a trend-following average helps avoid false signals that arise during consolidation.

• Entry Criteria: Signals based on MA.

• Long/Short: Both directions.

• Exit Criteria: Opposite signal or stop.

• Stops: Yes.

• Default Values:

• LookbackPeriod = 20

• MaPeriod = 20

• StopLossPercent = 2.0m

• CandleType = TimeSpan.FromDays(1) [*]Filters:

• Category: Breakout

• Direction: Both

• Indicators: MA

• Stops: Yes

• Complexity: Basic

• Timeframe: Daily

• Seasonality: No

• Neural Networks: No

• Divergence: No

• Risk Level: Medium