The indicator shows the current day of the week as a histogram. The histogram rule matches the numbering of days in the MqlDateTime structure:
struct MqlDateTime   {   int year;          // year   int mon;            // month   int day;            // day   int hour;          // hour   int min;            // minutes   int sec;            // seconds   int day_of_week;    // day of the week (0-Sunday, 1-Monday, ... ,6-Saturday)   int day_of_year;    // number of a day in the year (1st of January has number 0)   };
The “Days of the week” indicator can be applied on the D1 timeframe together with “Volumes” indicator for a visual search of dependencies between days of the week and volumes:
Fig. 1. An example of a combination of “Days of the week” and “Volumes”