Richard Donchian trend following moving average system

Richard Donchian is considered the father of trend following.

He published his 5-20 moving average system and his trading guidelines. Donchian Channels: A moving average indicator developed by Richard Donchian. Donchian channels, percentage bands, and moving average envelopes.

He was considered a pioneer in the managed futures. Richards methods are used by mutual funds even today. Like many traders, he got his taste of the bug by reading Reminiscences of a Stock Operator by Jesse Livermore.

Years later Richard became the approach known as trend following. By using this system and his weekly rule system based on moving averages. Many systems follow his methods such as the turtle trading system. When he died in 1993 the Richard Donchian foundation was established to help other traders achieve higher levels of personal success in the stock market. We will really miss Richard.