Bid/Offer Depth functions

[MrN1njaTrader]

Hello, I am new to Ninja Script and want to know how deep is Ninja functions.
Is it possible to set a function that read the Market Bid Depth or Market Offer Depth , and to react on it?
Lets say something like:
if ( MarketBidSize [0] < 100 )
MarketSell();

Basically if the bid size goes below 100 then sell the position.

Thank you.

[NinjaTrader_AlanP]

Hello MrN1njaTrader,

Thank you for your note.

Yes, it is possible to write a script which reads the order book and then executes an order based off conditions, for example if the volume offered at the best offer is greater than 10, buy long.

I used the following sample indicator and moved the logic over to a strategy, which will check if the current offer is greater than 10 and if so, will enter a long position.

http://ninjatrader.com/support/forum/showthread.php?t=5965

The sample strategy is attached.

Please let us know if you need further assistance.

[MrN1njaTrader]

Hello MrN1njaTrader,

Thank you for your note.

Yes, it is possible to write a script which reads the order book and then executes an order based off conditions, for example if the volume offered at the best offer is greater than 10, buy long.

I used the following sample indicator and moved the logic over to a strategy, which will check if the current offer is greater than 10 and if so, will enter a long position.

http://ninjatrader.com/support/forum/showthread.php?t=5965

The sample strategy is attached.

Please let us know if you need further assistance.

Thank you!~ Very helpful!