A different lesson here is where David takes the two variants, namely the VWAP and the MVWAP, and compares them side by side using Meta stock as an example.
This reveals how the two versions of the indicator react differently during the session crossover periods of open and closing, as the VWAP starts afresh, while the MVWAP continues seamlessly across these regions, giving a clear continues readout of the VWAP as a result. A very different appearance, as you will see.