When we did external angles, onto brick/block,, (bb),, before beading,,, the corner was formed with the float coat, using the batten as Micilin said, but we never left the corner sharp. The following day, while the coat was still "green", we rounded it to a bullnose, or even a smaller pencil round, (depending) using a wooden float and a water brush. The bottom 5 or 6 inches of the corner were left at 90%, to allow the skirting to fit close. The wall/s were then set using siraphite, and the finished bullnosed corner, after troweling, was finished with the piece of polythene, dipped into water, and gently run down the corner from top to bottom,, without stopping. A square "sharp" plastered external corner (bb) was easily damaged, especially in houses/busy areas, and could also be dangerous. We used Keenes Cement (remember that) on external corners in the corridors of Haslar Hospital, Gosport when i worked there in the 60's, because of the extra strength needed, (trollies being pushed around etc). In the houses, we did window reveals and soffits with the external angle tool because they were less easily damaged, but put a round on door reveals, again to prevent damage to the corner. Forming a wet corner without a bead,, just using a batten,, and not even fixing the batten to the wall, just using the suction of the float coat to hold it, and then carefully slide it up and away to use it on the opposite side of the corner is a work of art. One wrong move and you pull off, what you've spent hours to put on. No big deal with quick setting gypsum plasters of today, but if you got it wrong with a cement render/float coat, late in the day, it was a set back.