Session Dividers for Yr/Qtr/Month/Week/Day by Easycators

This indicator provides custom dividing lines between important periods like day/week/month/quarter/year that make it easy to distinguish a new day from a new week or month or year with thickness, style, and color.

There are several indicators in the library that attempt to do this but fail. I got tired of it so I decided to make one that looks good and just works.

Human markets are cyclical, following the rhythm of life, and so I like to see the cyclicality of market price action, to be able to compare the current period to the same period last week or last year. So making it easy to see when each period repeats is important.

So Easycators Dividers shows dividing lines between periods (day, week, month, quarter, year). As you move your chart up to higher timeframes, lines intuitively disappear so your screen stays uncluttered while still telling you what you need to know.

EZ_Dividers also allows displaying background colors for each period, either with or without lines, if so desired. You can have a custom background color for each day of the week (intraday charts) and each month of the year (daily/weekly charts).

It also provides optional, unobtrusive text labels, showing the name of each weekday and month, at the top and/or bottom of your chart (your choice which goes where).

You can set all colors and transparencies text, lines, and backgrounds to suit your needs ... no hard-coded colors. All line and background colors are specified individually, and the color applied to all the text labels can be specified as well.

You can set the line style differently for each different period: perhaps solid for years, dashed for quarters, dotted for months, whatever you want.

You can turn any lines or backgrounds or labels on/off as needed.

You can enable/disable lines for years, quarters, months, weeks, and days.

You can set what day of the month to display the month names (15th by default).

You can set what hour of the day to display the weekday names (12:00 noon by default).

You can also set a specific hour to rollover the day instead of the default exchange rollover.

Check it out, and I hope this helps you all as much as it has me!