If I use level 2 with Order Flow Trade Detector will that capture the level 2 data or does it just account for bid and ask? This tool seems to be good for trade confirmation.
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Order Flow Trade Detector Question Level 2?
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Hello pthomas,
Thank you for writing in.
Order Flow Trade Detector uses already executed Data, displaying Buy/Sell Volume as well as the Price. Because Level II Data is data that is not yet executed, the Order Flow Trade Detector does not utilize it.
I look forward to resolving your future inquiries.Sergey S.NinjaTrader Customer Service
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