market replay with level 2 data

[brucelevy]

Hi I am testing an order-flow based strategy and would like to know how market replay level 2 data is calculated in replay mode.

Does the bid ask data come in sequence as the bar is being built, or is it calculated on the close of the bar?

[NinjaTrader_PaulH]

Hello brucelevy,

Thanks for your post.

It would come in sequence. This is discussed with great detail related to market replay in the helpguide and recommend you review the entire section titled, "Understanding how the Market Replay works: in the section: https://ninjatrader.com/support/help...t7/?replay.htm