Cool Indicator MT5 is a professional indicator based on Williams’ Percent Range (%R) and Average True Range (ATR) technical indicators, thus you can use it with any currency pair and any timeframe.Trade signals from Cool Indicator MT5 are drawn on the main chart in the form of arrows.When a blue arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell.You can set the alerts on/off.

Average True Range (ATR) period is set to 14