Day-of-Week Chart Indicator with Date and Month Separators
Summary
This chart indicator labels weekdays and can add calendar dates and month names, with separator lines marking day and month boundaries. Its configurable display options include a time offset, visibility of date labels, label colors and fonts, and the colors, styles, and widths of the separators. These features help traders orient price history by calendar period when reviewing charts.
The description advises against using the indicator on timeframes above H4, but gives no explanation for that limitation or any examples of its effect. It is a visual charting aid rather than a signal generator: the document describes no entry or exit rules, market hypothesis, or performance evidence. Its usefulness is therefore limited to labeling and navigating historical price charts, and its date presentation may depend on the configured offset and chart timeframe.
Key ideas
- The indicator labels weekdays and can show calendar dates and month names on a price chart.
- Users can customize label appearance and day and month separator lines.
- A configurable hour offset adjusts the displayed time reference.
- The description recommends using it at H4 or lower, without explaining the limit.
- The tool provides chart context rather than trading signals or tested strategy results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.