Hello everyone,

anyone who used/uses the NinjaTrader Market Replay with Level II Data/ Depth of Market?

Do you recommend it for Training purposes?

King Regards

I use market replay for training. I also keep a journal and a chart journal of the replay trades. I think its help me a lot. I would be careful with the speed try to stay as close to the actual time maybe 2x speed. If you get used to trading replay at faster speed it might mess you a little when trading live.

do you just replay certain Areas ? i mean it would be quite boring to watch all the day.

i think i will first replay the day with 4x or higher Speed to identify breakouts or Fading opportunities and take note of Price and time, then i will replay it with normal Speed and analyze the Price Action.

I run the replay from 9:30 to 11:00 at 2x speed then maybe the afternoon session but never all day. I'm using playback for the same reasons you listed. It's just getting the screen time in after hours. I think it's very good tool especially if having a hard time seeing a pattern develop in real time. One of my nightly routines is to study the charts and pick out those patterns you see every day then when I have time I run the replay. I want to able to see it setting up before it sets up and that comes with a lot of screen time. Good luck with it.

If you are using data from Ninjatrader's download tool, in the past, the L2 data has not been reliable.

i compared my recorded session with market replay and the market replay is quite good.
is doesnt refresh as often as the live session but nevertheless you can recognize how limit orders change and
if it is more traded in one level than the limit order etc,
i am doing quite good at the moment

BTW i use market replay data for ZN, it is a quite thick and slow market,