5 min scalp strategy | Use a 5-minute chart with the 20, 50, and 200 EMA - EMA 20 tested twice strategy

 Use a 5-minute chart with the 20, 50, and 200 EMA. The 200 EMA sets the macro trend. Wait for the price to pull back and test the 20 EMA twice during a strong trend, using the 50 EMA as secondary support. Enter on the second touch of the 20 EMA if momentum confirms. [1, 2, 3, 4, 5]

Strategy Rules

Trend Filter

Check the 200 EMA on the 5-minute chart.
Go long only when the price is above the 200 EMA.
Go short only when the price is below the 200 EMA. [1, 2, 3]

The Setup

Price must move away from the 20 EMA.
Price pulls back and touches the 20 EMA the first time.
Price bounces, moves away a little, and pulls back to test the 20 EMA a second time.
The 50 EMA should stay sloped in the direction of the trend and act as a backup line. [1, 2, 3]

Entry Trigger

Enter the trade on the second touch of the 20 EMA.
Look for a bullish candlestick pattern (for buys) or a bearish pattern (for sells) right at the 20 EMA.
Confirm momentum is still strong. [1, 2]

Risk Management

Place your stop loss just past the 50 EMA or below the recent swing low/high.
Aim for a 1:1.5 or 1:2 risk-to-reward ratio.
Take partial profits at the first sign of slowing momentum.