Double Donchian Channel Breakout Strategy

Script from: TradingViewSwingBreakoutTrend followingVolatility

The Double Donchian Channel Breakout Strategy involves entering long when price crosses above the slow channel and specified volatility. Exit when price crosses below the fast channel. Enter short by reversing long conditions. Adjust volatility value to curb frequent entries in sideways markets. Set volatility to "0" to disable it.

Audit verdict

ArchivedRemoved from TradingView

No longer on TradingView

We can't re-run or audit this script anymore. The backtests below were run while it was public and are no longer updated.

1,148backtestsarchived

34robust scoreranked median 52

0.18p-valueranked median 0.24

—repaint auditsource unavailable

Audit details

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

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Repainting audit

Not performed: the source code is no longer accessible.

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Script availability

Removed from TradingView. You can't add it to a chart anymore.

✓

Statistical edge

Average t-statistic 2.70 (p = 0.18), above the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 71 backtests with more than 15 trades passes our quality gate.

Robust score

34/100, 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.

2.70

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,148 backtests

Shown for transparency. Frozen results, no longer updated.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
OM / TetherUS BINANCE:OMUSDT	1D	+7,655%	2.58	20	40%
NVIDIA Corporation NASDAQ:NVDA	1D	+3,658%	2.23	150	60%
GALA / TetherUS BINANCE:GALAUSDT	2H	+1,961%	1.31	334	46%
FIL / TetherUS BINANCE:FILUSDT	2H	+1,862%	1.29	394	47%
AVAX / TetherUS BINANCE:AVAXUSDT	2H	+1,808%	1.16	428	43%