Take control of your trades with the Donchian's Trend Following Indicator, a smart and visually intuitive tool designed to identify trend reversals and key support/resistance levels with clarity and precision.
This indicator is inspired by the classic Donchian trend-following concept, enhanced with modern logic to display one dynamic trailing line that automatically adapts to price movement
The logic behind this indicator is rooted in one of the most respected trend-following ideas in trading history — the Donchian strategy.
As Brent Penfold writes in
“Universal Tactics of Successful Trend Trading” (Wiley, 2022):
“I only have one word for a strategy with only one rule and one variable, which is 60+ years old with an out-of-sample performance like that. Extraordinary. I personally believe this strategy is possibly one of the all-time best.”
Penfold’s testing of the Donchian strategy on a futures portfolio of 24 markets since 1980 resulted in:
- $1,601,223 total profit
- 6,120 total trades
- Avg profit per trade: $262
- Avg brok & slip per trade: -$51
Key Features
- Dynamic Trend Line
Automatically switches between trailing support and resistance based on confirmed price breaks. - Visual Switch Markers
Up (green) and Down (red) arrows clearly indicate trend changes. - Clean One-Line Design
Keeps charts minimal and focused on price action. - Adjustable Sensitivity
Configure the number of bars to suit any market, timeframe, or trading style. - Perfect for Trend Followers
Ideal for entries, exits and trade management in trending markets.
If you believe in simple rules, clean charts, and proven concepts, the Donchian's Trend Following Indicator is a powerful addition to your trading toolbox.
Disclaimer
Trading involves risk. Past performance does not guarantee future results.
