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

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

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

    #2
    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.
    <span class="name">Brandon H.</span><span class="title">NinjaTrader Customer Service</span><iframe name="sig" id="sigFrame" src="/support/forum/core/clientscript/Signature/signature.php" frameborder="0" border="0" cellspacing="0" style="border-style: none;width: 100%; height: 120px;"></iframe>

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      #3
      Thanks, Brandon. I plan on using the Volume Profile and VWAP indicators.

      Comment


        #4
        Originally posted by NinjaTrader_BrandonH View 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).
        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

        Comment


          #5
          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.
          <span class="name">Brandon H.</span><span class="title">NinjaTrader Customer Service</span><iframe name="sig" id="sigFrame" src="/support/forum/core/clientscript/Signature/signature.php" frameborder="0" border="0" cellspacing="0" style="border-style: none;width: 100%; height: 120px;"></iframe>

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