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So let me get IV breeding straight.
If you wanted 5 IVs perfect you need say:
A Ditto with 2-3 Perfect IVs and breed it with a female pokemon with the right nature and ability with everstone.
Give the ditto the speed power item, the baby will have the right nature/ability/ and have 31 speed guaranteed and then be female
then do it again, the ditto passes down sp atk. keep breeding until you get a female with 31 speed/ sp atk/ perfect nature, ability
then do it again, with HP power item and female as above, until you get a female baby with 31 speed/spatk/perfect nature
then do it with another ditto with def/ sp def with destiny knot until you get 5 perfects?
can someone draw a diagram?