#ENVOYTREND
Civilians don't like don't like simple strategies, but Envoys do.
With the collective #envoytrend trading strategy we ensure that no one is left behind when it comes to consistent profits. By working on the very same trades we bundle our efforts and help each other out. Maintaining an Envoy Account will give us reliable returns and teach us one of the most important lessons that we have to learn as a professional trader, which is consistency.
The indicator’s default settings show the trend cloud and the lines L, M and S with S crossing L being our main indication to enter a position. The general rule is that if S crosses over L we want to long as close to L as possible (if it shoots over by a lot we'd rather wait for a pullback to get in at a better price). If S crosses under L we want to short as close to L as possible (if it shoots under by a lot we'd rather wait for a pullback to get in at a better price). There are circumstances where we would want to take other lines into account like XL (which on some pairs can trump L), NEXT L (which is highly predictive but can give us a rough estimation where we might want to look for more aggressive, complimenting setups) or even M for very aggressive entries/exits on lower time frames. When price action goes utterly sideways so that we're getting back and forth signals we'd rather look for positions of strength within the narrow range. All our entries, exits, stops, take profits and additional plays in between are going to be discussed in the Envoy Academy, so no Envoy has to trade alone and can always ask for advise to get feedback on a position.
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