In this lesson, David focuses on the AVWAP on an index future on the NinjaTrader platform, but in this case, on a micro index future, which is the MES from the CME.
The MES is a micro contract of the ES and one-tenth the size of the larger contract, so a great place to start index trading if this is a new instrument for you, as the equivalent changes in price are that much smaller. So, for novice traders, an excellent low-risk place to start. And as you will see in the lesson, the contract is just as fluid as the full size. And of course as with the ES it trades 24/7 on Globex, so is always available.