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Trend Following with Donchian Channels and MACD

Script from: TradingViewLongTermBreakoutTrend followingMomentum

This trend-following strategy utilizes Donchian Channels and the MACD as a trend filter. Enter long when a new 50-day high is made and MACD signals are bullish and above zero. Enter short on a new 50-day low with bearish MACD signals below zero. Apply a trailing stop-loss set 4 ATRs from the price. Enhanced with position sizing adjustments and visual ATR stop indicators for managing trades effectively.

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

8.76

Risk Reward

180.60 %

Total ROI

37

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

6.47

Risk Reward

36.95 %

Total ROI

23

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 4 h

6.39

Risk Reward

39.64 %

Total ROI

25

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 1 h

5.80

Risk Reward

41.82 %

Total ROI

25

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

4.42

Risk Reward

33.97 %

Total ROI

30

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

4.28

Risk Reward

38.30 %

Total ROI

33

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

3.92

Risk Reward

16.13 %

Total ROI

16

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 4 h

3.92

Risk Reward

23.62 %

Total ROI

29

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

3.78

Risk Reward

26.30 %

Total ROI

30

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

3.74

Risk Reward

17.12 %

Total ROI

21

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

3.62

Risk Reward

24.05 %

Total ROI

25

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

3.47

Risk Reward

13.46 %

Total ROI

19

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Active Trades

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Trend Following with Donchian Channels and MACD backtest statistics

Aggregated across every validated backtest TradeSearcher has run on this strategy. Figures update automatically as new backtests are added — they are not edited by hand. Classified as long-term by holding period.

84
Backtests run
2.2
Avg profit factor
>1,000%
Avg net profit
+8%
Avg annualized return
77%
Avg max drawdown
0.10
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 771% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto752.3+29%4%0.10
Stocks7222.1+23%11%0.10
Forex6619%

Backtests use the validated-universe filter: non-repainting scripts, over 15 trades, non-excluded. Per-market rows appear only when at least one backtest exists for that asset class.

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