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Your formula needs to be applied to the price chart, not the RIC tool (when a RIC function is applied to the RIC tool it calculates the RIC of the RIC). If you want the arrows just on the tool apply the Show Bar to the RIC using the following:
CLOSE() CrossesAbove MA(BARS=200, STYLE=Exponential, CALC=Close)
Also, the variable Z1 is the same as R1 so isn’t required.