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Frankfurt
Experience: Intermediate
Platform: NinjaTrader
Trading: FGBL 6E B4
Posts: 1,752 since Jun 2009
Thanks Given: 2,309
Thanks Received: 927
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Hi eric, a first try now :
i think you mean you want to reduce the printed arrows when you talk about "reduce the number of signals "
in the picture you have my ideas to this :
you can make a condition to check if the 2. line is also falling
AND / OR
you can check if the Bars are going in your direction (pos / neg Bars)
Therefor you have to look at bar 1 if this had the right difference to your BigTrendLine - because the falling-condition is true 1 Bar later.
So also your arrows are one bar later - but thats normal.
it depends on what you want to create : an early "heads-up"-alert or more a realtime trade-signal
Also basicly i would make it like this :
i would insert the both lines (EMA + VWMA) as normal Indicators in my chart.
then i would mnake a third indicator that only do the arrow-plotting per condition-check.
that makes me free from having to put all the plots AND the condition-stuff in one indicator (this causes my errors mostly)
i hope you understand what i mean - i am not the biggest in explaining things 
OK - let me know how the story goes on!
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