Order Flow Trade Detector Question Level 2?

[pthomas]

Hello,

If I use level 2 with Order Flow Trade Detector will that capture the level 2 data or does it just account for bid and ask? This tool seems to be good for trade confirmation.

[NinjaTrader_SergeyS]

Hello pthomas,

Thank you for writing in.

Order Flow Trade Detector uses already executed Data, displaying Buy/Sell Volume as well as the Price. Because Level II Data is data that is not yet executed, the Order Flow Trade Detector does not utilize it.

I look forward to resolving your future inquiries.

[pthomas]

Thanks for the quick reply. Great addition to the platform. Something that provides confirmation in conjunction with my strategy. Well done NT.