In this lesson, we move on to focus on the second variant of our VWAP indicator, and this is the MVWAP or moving volume weighted average price.
Here we have returned to the NinjaTrader platform once more and starting with a popular stock which is Caterpillar. As the name suggests, the MVWAP does just that and acts as a constantly moving average, so it does not reset at the start of each new session but continues on seamlessly across these crossover periods. It is extremely popular for this reason as it allows you to clearly see where the indicator is in relation to the upper and lower envelopes during these periods which can be a little confused with volatility.