Parameter estimation and effective tree trunk model establishment are significant to tree biomass measurements and three-dimensional (3D) reconstruction. In this study, we proposed a trunk model establishment and parameter estimation method for a single tree through multistation terrestrial laser scanning (TLS). This approach obtains a more accurate and dense point cloud and yields several improvements. First, to correct the tree position, the angle between the trunk centreline and the vertical line was extracted to normalize the tree point clouds. Subsequently, some tree model parameters were accurately calculated. The tree height was extracted based on individual differences rather than directly adopting the Digital Elevation Model (DEM) model; The B-Spline curve fitting was added to the diameters at breast height (DBH) measure, which better determined the shape of the DBH compared with circle fitting; The CBH was measured by multi-view voxel projection instead of Single-view fixed threshold segmentation, which confirmed the position of the CBH more accurately. To highlight the effectiveness and pertinence of the proposed method, we analysed three plots that the proposed method can achieve more accurate results, where the mean relative error (MRE) of the tree height, DBH and CBH were 1.89%, 1.74% and 2.91% satisfying the accuracy standard specified by the technical indicators (± 5%). The experimental results validate the trunk model accuracy and the effectiveness of the parameter measurements (close to the field measurements). The proposed method is significantly different from the accuracy of the previous method. The proposed method has the best accuracy in Multistation Terrestrial Laser Scanning. Hence the proposed method has outstanding performance in the high-precision extraction of trunk parameters and the construction of trunk models which will perform forest inventory and construction of virtual forest more accurately.