Does the Donchian Breakout strategy beat buy & hold on Chainlink? (LINK · backtested honestly)
The 'turtle' rule: buy when price closes above the highest high of the last N bars, and exit when it closes below the lowest low of the last M bars. Channels EXCLUDE the current bar (no look-ahead). Classic breakout trend-following.
Run it yourself
Change the parameters and the window, then re-run — no account needed.
A live badge that re-runs itself and links back here. Free to embed on any blog, newsletter or forum — it shows the honest result, beat or lagged.
<iframe src="https://stratsemble.com/embed/chainlink-donchian-breakout-backtest" width="360" height="252" style="border:0;border-radius:12px;max-width:100%" loading="lazy" title="Does the Donchian Breakout strategy beat buy & hold on Chainlink?"></iframe>- • The strategy line is Donchian Breakout on Chainlink; the dashed line is simply buying and holding LINK. Beating the dashed line is the whole point — many strategies don't.
- • Max drawdown is the worst peak-to-trough fall you'd have sat through. A higher return with a much deeper drawdown is not obviously better.
- • Every fill assumes next-open execution with costs & slippage on — no acting on prices you couldn't have known.
- • A small number of trades means a small sample. Treat a great-looking result on a handful of trades with suspicion.
This is a hypothetical backtest of a well-known mechanism on past data. It is not advice, not a prediction, and not a claim that the strategy works. I hold no funds and place no orders. The value here is the ability to test an idea honestly — see where it would have helped, and where it would have hurt — before you ever risk real money on your own broker.
How this is computed → · who's behind it · where a backtest fits