Market Replay L2

[ScottB]

Hi,

If I am not using book size in my strategy do I still need L2 replay data for any reason (i.e. for NinjaTrader to properly maintain my position in the book for fill purposes)?

Best Regards,
Scott

[NinjaTrader_Cameron]

Hello ScottB,

Thank you for your note.

If you are not using any book size or market depth in your strategy or trading method then you do not need to download Level 2 data from the market replay downloader.

[ScottB]

Cameron,

Thank you for the information; I appreciate it.

Best Regards,
Scott

[ScottB]

One clarification - do I need to download L2 data if I am using inside bid/ask size?

[NinjaTrader_PatrickH]

Hello Scott,

Thank you for your response.

You would not need the Level 2 data if you only wish to view the current Bid/Ask Size.

Please let me know if I may be of further assistance.

[ScottB]

Patrick,

Thank you for verifying that.

Best Regards,
Scott