MarketDataType.DailyVolume

[tulanch]

looking for clarification in following code snippet

protected override void OnMarketData(MarketDataEventArgs e)
{
if (e.MarketDataType == MarketDataType.DailyVolume)
Print("Last = " + e.Price + " " + e.Volume);

}

When e.MarketDataType = MarketDataType.DailyVolume

1.) Is e.Volume the daily volume at e.Price ?

2.) Does this event occur at every trade at e.Price?

3.) Assuming the above answers are yes, is the daily summation logic based on the session start configuration settings in NT chart or is it based on some value of the instrument as defined by the data provider? When does the summation reset?

[NinjaTrader_CalH]

Hello Tulanch,

Thank you for your note

1) e.Volume will be the volume of the DailyVolume in this regard.

2). No, this event will only occur when the MarketData being called is DailyVolume.
Think of the condition as a filter. When ever OnMarketData() gets called only the one tick data with DailyVolume will cause the condition to be true.

3) This data is provided by the data vendor. You would need to contact them about when the this summation is reset.