What is the 5-minute strategy?

Could you please elaborate on the 5-minute strategy in cryptocurrency trading? I'm curious to know how it works and what makes it an effective approach for short-term trading. Does it involve analyzing market trends over a 5-minute timeframe, and if so, how does one go about identifying and executing trades based on this strategy? Additionally, are there any specific indicators or tools that are commonly used in conjunction with this strategy to maximize profits?