Trendmaster

There are many strategies, algorithms, and scripts used for multiple markets, but one thing has remained constant - Trend trading has remained the simplest, most effective way for retail traders to profit in the complex financial systems operating today. This was proven in the Turtle trading experiments of Richard Dennis whereby 23 novice traders were taught a trend following strategy, subsequently becoming millionaires within the span of a few years.

In this post, I would like to introduce the Trendmaster. A trend-following strategy that takes the guesswork out of price changes with clear, actionable signals. Developed through extensive quantitative testing, i release this indicator to the tradingview community for free. For maximum results, this strategy should be combined with a solid risk management system such as an ATR based position sizing system.