the fair value gap scalping strategy using tradingview.com indicators, please design a 5 min scalping strategy

 This 5-minute Fair Value Gap (FVG) scalping strategy uses TradingView indicators to catch quick institutional pullbacks. Set your chart to a 5-minute timeframe on assets like the ES, NQ, or EUR/USD, and add the Fair Value Gap indicator (such as LuxAlgo's version) and a 50/200 EMA pair for trend context. [1, 2, 3, 4, 5]

Indicator Setup

Fair Value Gap LuxAlgo: Set threshold to "Auto" to filter out minor, low-volume imbalances and highlight only strong displacement boxes.
Exponential Moving Average (EMA): Add a fast 50 EMA and slow 200 EMA to define the intraday trend bias. [1, 2]

Scalping Entry Rules

Trend Filter: Only take long trades when price is above the 50 and 200 EMAs. Only take short trades when price is below them. [1, 2, 3]
Displacement & FVG Formation: Wait for a strong 5-minute candle to break a local micro-structure level and leave an unmitigated FVG box. [1, 2, 3]
The Pullback Entry: Enter a position when the price retraces and touches the edge or 50% midpoint of the active FVG zone. [1, 2]
Risk Management: Place your stop loss just on the opposite side of the FVG candle extreme (or behind the recent swing point), targeting a quick 1:1.5 or 1:2 risk-to-reward ratio. [1, 2, 3, 4, 5]