Donchian Trend V1

Script from: TradingViewSwingPrice actionMarket structureBreakoutTrend followingMomentumScalping

The Donchian Trend V1 strategy is a trend-following approach that uses the Donchian Channels indicator to identify entry and exit points in a security. It also incorporates moving averages and other filters to generate trading signals. The strategy has been backtested and shows promising results, but it should be further tested and validated before using real money. Various updates and improvements have been made to the strategy, including the addition of EMA, price-based trailing stop loss, and MACD as trend filters.

Audit verdict

Not rankedUpdated Jul 28, 2026

No reliable edge found

Its average result can't be told apart from chance, so it stays out of our rankings. The script itself passed our repainting audit.

535backtests3 markets

18robust scoreranked median 52

0.14p-valueranked median 0.24

1/83pass quality gatebacktests >15 trades

Audit details

How we decide whether a strategy enters our rankings. Read the methodology →

✓

Repainting audit

8 of 8 checks passed.

✓

Script availability

Open-source, still published on TradingView.

✓

Statistical edge

Average t-statistic 2.30 (p = 0.14), above the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 83 backtests with more than 15 trades pass our quality gate.

Robust score

18/100, below the median of 52 for ranked strategies.

How its evidence compares

The t-statistic measures how far the average result sits from zero relative to its noise. Below about 2, it is within what random entries produce.

2.30

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 535 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Bank of America Corporation NYSE:BAC	2H	+4,569%	1.42	958	45%
Plug Power, Inc. NASDAQ:PLUG	4H	+2,226%	1.07	671	94%
AMC Entertainment Holdings, Inc. NYSE:AMC	2H	+1,856%	1.41	586	85%
Marathon Digital Holdings, Inc. NASDAQ:MARA	2H	+1,052%	1.09	639	67%
AMC Entertainment Holdings, Inc. NYSE:AMC	4H	+803%	1.27	287	72%

⚠Selected after the fact: these are the best 5 of 535 runs, not what to expect from this strategy.

Is Donchian Trend V1 profitable?

Not reliably, based on our tests. Across 535 backtests, 1 of 83 with more than 15 trades pass our quality gate. The best result is +4,569% on Bank of America Corporation (2H, 958 trades). On average, its results are statistically indistinguishable from chance (p = 0.14).

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