Best RSI + EMA Strategy for 5-Minute Chart | Intraday Trading Made Easy

Are you searching for a simple but powerful scalping strategy that works best on short timeframes like the 5-minute chart?

This RSI and EMA combination strategy could be a game changer for you.

In this post, I’ll show you how to combine the RSI (Relative Strength Index) and EMA (Exponential Moving Average) to create a high-probability intraday trading strategy — ideal for Forex, Gold (XAU/USD), Crypto, and even stocks.

🔍 Strategy Overview

We combine two proven indicators in this strategy:

(1) RSI Indicator (14-period) – to detect overbought/oversold zones

(2) EMA Crossover (9 EMA & 21 EMA) – to confirm trend direction

Together, they help you catch strong momentum moves on the 5-minute chart.

⚙️ Indicator Setup (on TradingView or MT4)

• 9 EMA – Blue color (Fast EMA)

• 21 EMA – Red color (Slow EMA)

• RSI (14 period) – Set horizontal lines at 30 and 70

✅ Buy Entry Rules:

• 9 EMA crosses above 21 EMA (Bullish crossover)

• RSI crosses above 30 from below

• Price candle closes above both EMAs

📌 Tip: Small volume spike gives stronger confirmation.

❌ Sell Entry Rules:

• 9 EMA crosses below 21 EMA (Bearish crossover)

• RSI crosses below 70 from above

• Price candle closes below both EMAs

📌 Tip: Check for lower high formation before entry.

🎯 Stop Loss & Target:

Stop Loss: Just below/above the recent swing low/high

Target 1: 1:1 Risk Reward

Target 2: Trail until EMA crossover reverses or 1:2 RR

⏱️ Best Time to Use This Strategy:

• For NSE/BSE (Indian Stocks):9:30 AM to 11:30 AM (IST)

• For Forex / Gold (XAU/USD):London Session (12:30 PM IST)US Session (7:00 PM IST)

⚠️ Avoid Trading During:

High-volatility news (check economic calendar)

Sideways markets (when EMAs are flat and RSI is between 40–60)

📈 Example Setup – Gold (XAU/USD) 5-Minute Chart

🕒 Time	🔔 Signal Type	📊 EMA Crossover	📉 RSI Movement	✅ Result
10:15 AM	Buy	9 EMA crossed above 21 EMA	RSI moved from 28 → 41	✅ Profit Hit
1:20 PM	Sell	9 EMA crossed below 21 EMA	RSI dropped from 74 → 65	✅ Profit Hit
3:05 PM	Buy	9 EMA crossed above 21 EMA	RSI moved from 30 → 48	❌ Stop Loss Hit
4:40 PM	Sell	9 EMA crossed below 21 EMA	RSI dropped from 70 → 59	✅ Profit Hit

💡 Tip: These setups are based on real intraday movements. Always combine this strategy with solid risk management and avoid trading during major news events.

Why This Strategy Works

RSI filters false signals

EMA confirms trend direction

Perfect for scalping & quick intraday trades

Works well across Forex, Gold, Crypto, and Indices

🔑 Bonus Tips:

Backtest the strategy first

Use TradingView alerts for EMA crossovers

Don’t forget risk management — never risk more than 1–2% per trade