Very good indicator. Helps me to see the bigger picture.
Here are suggested edits, if you don't mind, since the charts can get a bit crowded at higher timeframes.
Locate the following lines and edit to read:
if( InpShowDay && Period()< PERIOD_H4 )
if(InpShowMon && Period()< PERIOD_W1)
Any thoughts or foreseeable impact to the primary algorithm of the program?
The aforementioned edits would be awesome. Would it also be possible to add an option to shift the daily open a specified number of hours?

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DayOfWeekLabels:
The indicator shows days of the week on the price chart.
Author: Scriptor