PumpC RSI NTZ Bars

PumpC RSI NTZ Bars — Slope-Aware RSI Momentum Overlay

The PumpC RSI NTZ Bars indicator builds on the classic RSI by combining it with slope detection and custom bar highlighting, helping traders quickly identify strong momentum breakouts while avoiding sideways chop — the (NTZ) or No Trade Zone.

What is (NTZ)?

(NTZ) stands for No Trade Zone — the neutral RSI area between bullish and bearish thresholds. In this zone, RSI lacks directional strength, which often reflects indecision or consolidation in price. This indicator helps visually separate the chop from true momentum, so you can trade the breakout, not the noise.

Core Features

• Dynamic RSI-Based Bar Coloring with Slope Awareness
  Bars change color based on RSI value and its slope: Bright Green: RSI ≥ Bullish Threshold and sloping upward
  Teal Green: RSI ≥ Bullish Threshold but sloping downward
  Bright Red: RSI ≤ Bearish Threshold and sloping downward
  Orange: RSI ≤ Bearish Threshold but sloping upward
  White: RSI is between thresholds (NTZ)
• Slope Detection Logic
  RSI slope is used to confirm directional bias and filter out weak or fading momentum.
  
  
• Clean Visual Integration
  Choose how signals appear: full bar color, border-only style, background shading, or a mix of all three.
  
  
• RSI Smoothing Option
  Optional smoothing to reduce noise — especially useful on faster timeframes.
  
  []Built-In Alerts
  • RSI crossing above the bullish threshold with an upward slope
    
  • RSI crossing below the bearish threshold with a downward slope

User Inputs & Customization Options

• RSI Length: Default 14
  
• RSI Source: Default Close
  
• Smooth RSI: On or Off
  
• Smoothing Length: Default 2
  
• Bullish Threshold: Default 60
  
• Bearish Threshold: Default 40
  
• Bar Highlight Style: Full Bar or Border Only
  
• Display Mode: Bar Color, Background, or Both

How to Use It

• Step 1 – Adjust Your RSI Settings:
  Start by setting the RSI Length (default is 14) and choosing which price source to use — typically close, but you can experiment with hl2, ohlc4, etc.
  You can also turn on smoothing if you want to reduce noise, especially on fast timeframes like the 1m or 5m chart.
  
  
• Step 2 – Define Your No Trade Zone (NTZ):
  The NTZ is the space between the bullish and bearish thresholds (default 60 and 40).
  This is where momentum is weak and price is often ranging or chopping. You don’t want to trade in this zone — you're waiting for RSI to break out of it with conviction.
  
  
• Step 3 – Choose Your Visual Style:
  You can choose to: Highlight the entire candle (Full Bar)
  Just highlight the outline (Border Only)
  Add a background color behind the chart
  Or use a combination of the above This makes the signal easy to see without changing your whole chart look.
  
  
• Step 4 – Read the Colors for Quick Clarity:Bright Green / Bright Red = Strong Momentum (with RSI slope confirmation)
  Teal / Orange = Momentum is weakening — RSI value is above/below threshold but losing slope strength
  White = RSI is in the No Trade Zone (NTZ) — not enough strength to trade
  Use this color feedback to stay out during weak periods and act when the trend gains strength.
  
  
• Step 5 – Use Alerts for Clean Signals:
  Set alerts when RSI breaks out of the NTZ with slope confirmation.
  These are high-quality signals you can use to trigger your setups or review potential entries.
  
  

Disclaimer
This indicator is for educational and informational purposes only and should not be considered financial advice. Always combine tools like this with proper market context and risk management.