You have a trading idea, not a trading system. A trading system has set rules which includes entry/exit signals which gives you a sound risk reward, probability ratio and expectancy ratio to your trading. Honestly, trading is more of an art than a science. Your system should be able to flow with the market or you must be disciplined in waiting for your set up. For me, I like good old fashion support/resistance with fundamentals. I have a technique similar to yours when I scalp to reach a daily goal during slow trading but I use different indicators and I use 60, 30, 15 minute charts. Those 3 time frames will help you see the market better and eliminate a lot of noise you get on the 1 and 5 minute charts
