OrderFlow Questions

[algospoke]

1) Do you need to sign up for level 2 data to use OrderFlow indicators?

2) Once you sign up to OrderFlow, will you have access to the ninjascript file for volume bars?

3) Are you able to backtest strategies using OrderFlow or can you only test strategies in Market Replay when using OrderFlow?

[NinjaTrader_Gaby]

Hello algospoke,

Thank you for your post.

Only the Order Flow Market Depth Map indicator needs Level II data. All other OrderFlow+ features do not require level II data.

You can use AddVolumetric() or Order Flow Volumetric Bars indicator to add volumetric bars to your NinjaScripts, however these indicators are not open source so you will not have access to the actual file/code.

https://ninjatrader.com/support/helpGuides/nt8/addvolumetric.htm

https://ninjatrader.com/support/help...tric_bars2.htm

Order Flow VWAP, Order Flow Cumulative Delta, and Order Flow Volumetric bars support NinjaScript access and can be backtested.

https://ninjatrader.com/support/helpguides/nt8/order_flow_cumulative_delta2.htm

https://ninjatrader.com/support/helpguides/nt8/order_flow_volumetric_bars2.htm

https://ninjatrader.com/support/helpguides/nt8/order_flow_vwap2.htm

Please let us know if you have any further questions.