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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

8.84

Risk Reward

180.83 %

Total ROI

36

Total Trades

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

Total Trades

Premium users only

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

@ 4 h

6.33

Risk Reward

39.18 %

Total ROI

24

Total Trades

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

Total Trades

Premium users only

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

@ Daily

4.38

Risk Reward

33.55 %

Total ROI

29

Total Trades

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

Total Trades

Premium users only

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

@ 4 h

3.98

Risk Reward

23.76 %

Total ROI

28

Total Trades

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

Total Trades

Premium users only

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

@ Daily

3.73

Risk Reward

25.86 %

Total ROI

29

Total Trades

Premium users only

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

@ Daily

3.59

Risk Reward

23.75 %

Total ROI

24

Total Trades

Premium users only

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

@ Daily

3.51

Risk Reward

15.68 %

Total ROI

20

Total Trades

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

Total Trades
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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.

85
Backtests run
2.2
Avg profit factor
>1,000%
Avg net profit
+9%
Avg annualized return
76%
Avg max drawdown
0.11
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 969% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto762.3+31%4%0.10
Stocks7222.1+24%11%0.11
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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