What market data level do I need in order to use Order Flow indicators

[mac-d]

Do I need Level I or Level II in order to take advantage of the Order Flow indicators in the lifetime license version? Thanks

[NinjaTrader_BrandonH]

Hello mac-d,

Thanks for your post.

Depending on which of the Order Flow+ tools you are using, you will need historical tick data, historical bid/ask stamped tick data, or Level II data (full market depth).

See the help guide page linked below for more information about the Order Flow+ tools.

Order Flow+: https://ninjatrader.com/support/help..._flow_plus.htm

Let me know if I may assist further.

[mac-d]

Thanks, Brandon. I plan on using the Volume Profile and VWAP indicators.

[burtoninlondon]

Depending on which of the Order Flow+ tools you are using, you will need historical tick data, historical bid/ask stamped tick data, or Level II data (full market depth).

I have the lifetime licence with the Order Flow tools and I use VWAP extensively. I do not use Level II, SuperDom, etc. so I'm reviewing my market data subscription to change from Level II data to Level I data only.

Do I need Level II to use Order Flow VWAP?

Thanks

[NinjaTrader_BrandonH]

Hello burtoninlondon,

Thanks for your note.

You do not need to be subscribed to Level 2 data to use the Order Flow VWAP indicator.

More information about the Order Flow VWAP tool could be found on this help guide page: https://ninjatrader.com/support/help..._flow_vwap.htm

Please let me know if I may assist further.