This strategy follows Kathy Lien’s scalping approach, utilizing the 20 EMA and MACD on the M5 timeframe.
- **Entry Conditions**: Enter a trade when the price crosses both the MACD and the 20 EMA, provided the crossover happens within a maximum of 5 candles. - **Stop Loss**: Set at approximately 20 pips. - **Trade Management**: - When the price reaches 1R, close half of the position and move the stop loss to the entry point. - Use a trailing stop, maintaining a 15-pip distance from the 20 EMA.