see market orders

[Simon Investimens]

hello
is it possible to create an indicator that shows the quantity of orders entering the market but only a "market order"(no limit orders)??

thank you

[NinjaTrader_BrandonH]

Hello Simon Investimens,

Thank you for your post.

Yes, this is possible. You could track Buys and Sells with Level 1 market data by using OnMarketData(). Resting limit orders would be held in Level 2 market data. Market orders would not be resting and stop market orders would be at the order routing server, not the exchange.

To track Buys and Sells using OnMarketData(), you would first create a double variable for buys and sells. Then, in OnMarketData() you would create a condition checking if e.MarketDataType == MarketDataType.Last. Within that condition you could track buys by creating a condition that checks if e.Price >= e.Ask and increments your buys variable. To track sells you would create a condition that checks if e.Price <= e.Bid and increment your sells variable.

An example of this is seen in the BuySellVolume indicator that comes default with NinjaTrader. To view the code for the BuySellVolume indicator, open a New > NinjaScript Editor window, open the Indicators folder, and select the BuySellVolume indicator.

See the help guide documentation for more information.
OnMarketData() - https://ninjatrader.com/support/help...marketdata.htm
MarketDataEventArgs - https://ninjatrader.com/support/help...aeventargs.htm

Let us know if we may assist further