EURUSD M5 Noise Breakdown Scalping

Scalp EURUSD on M5 by attacking breaks out of micro “noise” ranges.
Define a small noise box from recent bars, wait for compression (overlapping candles, shrinking true range), then trade the break‑and‑hold with strict risk.

Tools

• Noise box: last 12–24 bars; mark the tightest high/low cluster.
• ATR(14) on M5 for stop and position sizing.
• Optional: EMA(20) for dynamic structure; session levels for context.

Signal logic

• Compression: 3–6 small/overlapping candles, ATR contracting.
• Break: full‑body close outside the box with little opposite wick.
• Hold: next bar does not close back inside the box.

Trigger

1. Place a decision level at the box edge.
2. Enter on close through the edge (or a quick retest that holds).
3. If price re‑enters the box within 3 bars, cancel the idea.

Entry

• Market on close of the trigger bar, or limit on a shallow retest of the broken edge.

Stop Loss

• ATR(14) × 1.0–1.4 or beyond the opposite box edge (whichever is wider).
• If a bar closes back inside the box, exit — structure failed.

Take Profit

• First scale: 1.0R–1.5R.
• Runner: trail behind micro‑swings or a tight EMA20; exit into prior session levels.

Filters

• Avoid minutes around high‑impact EUR/USD news (±30–60 min).
• Skip when the box lies mid‑range between nearby major levels.
• Risk ≤ 0.25%–0.5%; one active position per symbol.