forex level 2 - how to read in NT

[pa188]

Not sure if NT support can help me here as I don't think this is their problem.

I'm familiar with L2 quotes for stocks but not with forex. I can see volume for the FX quotes which is very rare in Forex (I think only tradestation has this for a price). Anyway with my broker I can see volume when I pair with NT.

I can see Level 2 quotes for on their FX Pro window and I was wondering how to learn to read 'the colours' stand for such as the flashing red, yellow, green, blue etc... There is no documentation within NT to see what the colours represent.

Sorry for being a newbie but I need to ask.

[NinjaTrader_Bertrand]

Hi pa188,

This depends which type of Forex trading you do, FXPro supports brokers who allow trading on the ECN (Currenex) model, this is why you can see Level 2 / Market Depth figures. See also this link please - http://www.ninjatrader-support.com/H...etDisplay.html

[xTrader1]

Hi pa188,

This depends which type of Forex trading you do, FXPro supports brokers who allow trading on the ECN (Currenex) model, this is why you can see Level 2 / Market Depth figures. See also this link please - http://www.ninjatrader-support.com/H...etDisplay.html

The link above does not answer a question about FX Pro Level II colors. Could you explain meaning of the colors ?

[NinjaTrader_Bertrand]

There's no special meaning associated to those, they just differentiate the various ECN prices offered.