Announcement
Collapse
No announcement yet.
Partner 728x90
Collapse
NinjaTrader
Orderflow issues on EURUSD/forex pairs
Collapse
X
-
Hello WHICKED,
Thanks for your post.
This is because the Order Flow tools compare bid/ask prices to Last tick prices to identify buys and sells.
Since FOREX does not have a centralized exchange, there is no Last tick. NinjaTrader will substitute the Bid price in place of the Last price, so we can see results like this when viewing FOREX.
Up/Down tick calculation may be considered as an alternative when using Order Flow tools on FOREX.
Let us know if you have any additional questions.JimNinjaTrader Customer Service
-
Originally posted by NinjaTrader_Jim View PostHello WHICKED,
Thanks for your post.
This is because the Order Flow tools compare bid/ask prices to Last tick prices to identify buys and sells.
Since FOREX does not have a centralized exchange, there is no Last tick. NinjaTrader will substitute the Bid price in place of the Last price, so we can see results like this when viewing FOREX.
Up/Down tick calculation may be considered as an alternative when using Order Flow tools on FOREX.
Let us know if you have any additional questions.
Comment
-
Hello WHICKED,
Are you connected to a FOREX data provider that offers historical tick data?
Data by provider - https://ninjatrader.com/support/help...y_provider.htm
I tested with FXCM and received the attached result.JimNinjaTrader Customer Service
Comment
-
Hello WHICKED,
The short answer is no.
FOREX does not have a centralized exchange, so there is no Last tick. NinjaTrader will substitute the Bid for the Last price in order to build a chart, but we cannot make Bid/Ask price comparisons to the Last tick to see if it was a Buy/Sell because of this fact alone.
I'm really not sure how that kind of analysis could be done with FOREX.JimNinjaTrader Customer Service
Comment
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by WHICKED, 03-27-2024, 12:33 PM
|
4 responses
41 views
0 likes
|
Last Post Today, 12:28 AM | ||
Started by f.saeidi, Today, 12:12 AM
|
0 responses
3 views
0 likes
|
Last Post
by f.saeidi
Today, 12:12 AM
|
||
Started by Conall, Today, 12:06 AM
|
0 responses
5 views
0 likes
|
Last Post
by Conall
Today, 12:06 AM
|
||
Started by proptradingshop, 03-21-2024, 09:50 AM
|
6 responses
27 views
0 likes
|
Last Post Today, 12:02 AM | ||
Started by mly916, Yesterday, 09:48 PM
|
1 response
12 views
0 likes
|
Last Post Yesterday, 11:54 PM |
Comment