diff --git a/source/blender/blenkernel/BKE_global.h b/source/blender/blenkernel/BKE_global.h
index 2b670cdf9dd..9adc00a67e6 100644
--- a/source/blender/blenkernel/BKE_global.h
+++ b/source/blender/blenkernel/BKE_global.h
@@ -127,15 +127,16 @@ enum {
 	G_DEBUG_DEPSGRAPH_TAG        = (1 << 10),  /* depsgraph tagging messages */
 	G_DEBUG_DEPSGRAPH_TIME       = (1 << 11),  /* depsgraph timing statistics and messages */
 	G_DEBUG_DEPSGRAPH_NO_THREADS = (1 << 12),  /* single threaded depsgraph */
+	G_DEBUG_DEPSGRAPH_PRETTY     = (1 << 13),  /* use pretty colors in depsgraph messages */
 	G_DEBUG_DEPSGRAPH = (G_DEBUG_DEPSGRAPH_BUILD |
 	                     G_DEBUG_DEPSGRAPH_EVAL |
 	                     G_DEBUG_DEPSGRAPH_TAG |
 	                     G_DEBUG_DEPSGRAPH_TIME),
-	G_DEBUG_SIMDATA =   (1 << 13), /* sim debug data display */
-	G_DEBUG_GPU_MEM =   (1 << 14), /* gpu memory in status bar */
-	G_DEBUG_GPU =        (1 << 15), /* gpu debug */
-	G_DEBUG_IO = (1 << 13),   /* IO Debugging (for Collada, ...)*/
-	G_DEBUG_GPU_SHADERS = (1 << 16),   /* GLSL shaders */
+	G_DEBUG_SIMDATA =   (1 << 14), /* sim debug data display */
+	G_DEBUG_GPU_MEM =   (1 << 15), /* gpu memory in status bar */
+	G_DEBUG_GPU =        (1 << 16), /* gpu debug */
+	G_DEBUG_IO = (1 << 17),   /* IO Debugging (for Collada, ...)*/
+	G_DEBUG_GPU_SHADERS = (1 << 18),   /* GLSL shaders */
 };
 
 #define G_DEBUG_ALL  (G_DEBUG | G_DEBUG_FFMPEG | G_DEBUG_PYTHON | G_DEBUG_EVENTS | G_DEBUG_WM | G_DEBUG_JOBS | \
diff --git a/source/blender/blenlib/BLI_console.h b/source/blender/blenlib/BLI_console.h
new file mode 100644
index 00000000000..bf433f78f70
--- /dev/null
+++ b/source/blender/blenlib/BLI_console.h
@@ -0,0 +1,42 @@
+/*
+ * ***** BEGIN GPL LICENSE BLOCK *****
+ *
+ * This program is free software; you can redistribute it and/or
+ * modify it under the terms of the GNU General Public License
+ * as published by the Free Software Foundation; either version 2
+ * of the License, or (at your option) any later version.
+ *
+ * This program is distributed in the hope that it will be useful,
+ * but WITHOUT ANY WARRANTY; without even the implied warranty of
+ * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+ * GNU General Public License for more details.
+ *
+ * You should have received a copy of the GNU General Public License
+ * along with this program; if not, write to the Free Software Foundation,
+ * Inc., 51 Franklin Street, Fifth Floor, Boston, MA 02110-1301, USA.
+ *
+ * The Original Code is Copyright (C) 2018 Blender Foundation.
+ * All rights reserved.
+ *
+ * Contributor(s): Srrgey Sharybin.
+ *
+ * ***** END GPL LICENSE BLOCK *****
+ */
+
+#ifndef __BLI_CONSOLE_H__
+#define __BLI_CONSOLE_H__
+
+/** \file BLI_console.h
+ *  \ingroup bli
+ *  \brief Set of utility functions and constants to work with consoles.
+ */
+
+/* Format string where one could BLI_snprintf() R, G and B values
+ * and get proper marker to start colored output in the console.
+ */
+#define TRUECOLOR_ANSI_COLOR_FORMAT "\x1b[38;2;%d;%d;%dm"
+
+/* Marker which indicates that colored output is finished. */
+#define TRUECOLOR_ANSI_COLOR_FINISH "\x1b[0m"
+
+#endif  /* __BLI_CONSOLE_H__ */
diff --git a/source/blender/blenlib/BLI_hash.h b/source/blender/blenlib/BLI_hash.h
index fa79481e25c..9ca7898d6b8 100644
--- a/source/blender/blenlib/BLI_hash.h
+++ b/source/blender/blenlib/BLI_hash.h
@@ -68,4 +68,16 @@ BLI_INLINE float BLI_hash_int_01(unsigned int k)
 	return (float)BLI_hash_int(k) * (1.0f / (float)0xFFFFFFFF);
 }
 
+BLI_INLINE void BLI_hash_pointer_to_color(const void *ptr, int *r, int *g, int *b)
+{
+	size_t val = (size_t)ptr;
+	const size_t hash_a = BLI_hash_int(val & 0x0000ffff);
+	const size_t hash_b = BLI_hash_int((val & 0xffff0000) >> 32);
+	const size_t hash =
+	        hash_a ^ (hash_b + 0x9e3779b9 + (hash_a << 6) + (hash_a >> 2));
+	*r = (hash & 0xff0000) >> 16;
+	*g = (hash & 0x00ff00) >> 8;
+	*b = hash & 0x0000ff;
+}
+
 #endif // __BLI_HASH_H__
diff --git a/source/blender/blenlib/CMakeLists.txt b/source/blender/blenlib/CMakeLists.txt
index ef36b5ac6bd..5bcf4303a84 100644
--- a/source/blender/blenlib/CMakeLists.txt
+++ b/source/blender/blenlib/CMakeLists.txt
@@ -139,6 +139,7 @@ set(SRC
 	BLI_compiler_attrs.h
 	BLI_compiler_compat.h
 	BLI_compiler_typecheck.h
+	BLI_console.h
 	BLI_convexhull_2d.h
 	BLI_dial_2d.h
 	BLI_dlrbTree.h
diff --git a/source/blender/depsgraph/intern/depsgraph.cc b/source/blender/depsgraph/intern/depsgraph.cc
index a05e422d602..a2e6993e442 100644
--- a/source/blender/depsgraph/intern/depsgraph.cc
+++ b/source/blender/depsgraph/intern/depsgraph.cc
@@ -35,6 +35,8 @@
 #include "MEM_guardedalloc.h"
 
 #include "BLI_utildefines.h"
+#include "BLI_console.h"
+#include "BLI_hash.h"
 #include "BLI_ghash.h"
 #include "BLI_listbase.h"
 
@@ -526,6 +528,31 @@ void deg_editors_scene_update(const DEGEditorUpdateContext *update_ctx,
 	}
 }
 
+bool deg_terminal_do_color(void)
+{
+	return (G.debug & G_DEBUG_DEPSGRAPH_PRETTY) != 0;
+}
+
+string deg_color_for_pointer(const void *pointer)
+{
+	if (!deg_terminal_do_color()) {
+		return "";
+	}
+	int r, g, b;
+	BLI_hash_pointer_to_color(pointer, &r, &g, &b);
+	char buffer[64];
+	BLI_snprintf(buffer, sizeof(buffer), TRUECOLOR_ANSI_COLOR_FORMAT, r, g, b);
+	return string(buffer);
+}
+
+string deg_color_end(void)
+{
+	if (!deg_terminal_do_color()) {
+		return "";
+	}
+	return string(TRUECOLOR_ANSI_COLOR_FINISH);
+}
+
 }  // namespace DEG
 
 /* **************** */
@@ -554,6 +581,8 @@ void DEG_editors_set_update_cb(DEG_EditorUpdateIDCb id_func,
 	DEG::deg_editor_update_scene_cb = scene_func;
 }
 
+/* Evaluation and debug */
+
 void DEG_debug_print_eval(const char *function_name,
                           const char *object_name,
                           const void *object_address)
@@ -561,7 +590,12 @@ void DEG_debug_print_eval(const char *function_name,
 	if ((G.debug & G_DEBUG_DEPSGRAPH_EVAL) == 0) {
 		return;
 	}
-	printf("%s on %s (%p)\n", function_name, object_name, object_address);
+	printf("%s on %s %s(%p)%s\n",
+	       function_name,
+	       object_name,
+	       DEG::deg_color_for_pointer(object_address).c_str(),
+	       object_address,
+	       DEG::deg_color_end().c_str());
 }
 
 void DEG_debug_print_eval_subdata(const char *function_name,
@@ -574,11 +608,17 @@ void DEG_debug_print_eval_subdata(const char *function_name,
 	if ((G.debug & G_DEBUG_DEPSGRAPH_EVAL) == 0) {
 		return;
 	}
-	printf("%s on %s (%p) %s %s (%p)\n",
+	printf("%s on %s %s(%p)%s %s %s %s(%p)%s\n",
 	       function_name,
-	       object_name, object_address,
+	       object_name,
+	       DEG::deg_color_for_pointer(object_address).c_str(),
+	       object_address,
+	       DEG::deg_color_end().c_str(),
 	       subdata_comment,
-	       subdata_name, subdata_address);
+	       subdata_name,
+	       DEG::deg_color_for_pointer(subdata_address).c_str(),
+	       subdata_address,
+	       DEG::deg_color_end().c_str());
 }
 
 void DEG_debug_print_eval_subdata_index(const char *function_name,
@@ -592,11 +632,18 @@ void DEG_debug_print_eval_subdata_index(const char *function_name,
 	if ((G.debug & G_DEBUG_DEPSGRAPH_EVAL) == 0) {
 		return;
 	}
-	printf("%s on %s (%p) %s %s[%d] (%p)\n",
+	printf("%s on %s %s(%p)^%s %s %s[%d] %s(%p)%s\n",
 	       function_name,
-	       object_name, object_address,
+	       object_name,
+	       DEG::deg_color_for_pointer(object_address).c_str(),
+	       object_address,
+	       DEG::deg_color_end().c_str(),
 	       subdata_comment,
-	       subdata_name, subdata_index, subdata_address);
+	       subdata_name,
+	       subdata_index,
+	       DEG::deg_color_for_pointer(subdata_address).c_str(),
+	       subdata_address,
+	       DEG::deg_color_end().c_str());
 }
 
 void DEG_debug_print_eval_time(const char *function_name,
@@ -607,6 +654,11 @@ void DEG_debug_print_eval_time(const char *function_name,
 	if ((G.debug & G_DEBUG_DEPSGRAPH_EVAL) == 0) {
 		return;
 	}
-	printf("%s on %s (%p) at time %f\n",
-	       function_name, object_name, object_address, time);
+	printf("%s on %s %s(%p)%s at time %f\n",
+	       function_name,
+	       object_name,
+	       DEG::deg_color_for_pointer(object_address).c_str(),
+	       object_address,
+	       DEG::deg_color_end().c_str(),
+	       time);
 }
diff --git a/source/blender/depsgraph/intern/depsgraph_intern.h b/source/blender/depsgraph/intern/depsgraph_intern.h
index e310608b25e..9961723ed17 100644
--- a/source/blender/depsgraph/intern/depsgraph_intern.h
+++ b/source/blender/depsgraph/intern/depsgraph_intern.h
@@ -125,4 +125,8 @@ void deg_editors_scene_update(const DEGEditorUpdateContext *update_ctx,
 		fflush(stderr);                     \
 	} while (0)
 
+bool deg_terminal_do_color(void);
+string deg_color_for_pointer(const void *pointer);
+string deg_color_end(void);
+
 }  // namespace DEG
diff --git a/source/blender/python/intern/bpy_app.c b/source/blender/python/intern/bpy_app.c
index ec77dc07ba7..1e2ce372727 100644
--- a/source/blender/python/intern/bpy_app.c
+++ b/source/blender/python/intern/bpy_app.c
@@ -361,6 +361,7 @@ static PyGetSetDef bpy_app_getsets[] = {
 	{(char *)"debug_depsgraph_eval", bpy_app_debug_get, bpy_app_debug_set, (char *)bpy_app_debug_doc, (void *)G_DEBUG_DEPSGRAPH_EVAL},
 	{(char *)"debug_depsgraph_tag", bpy_app_debug_get, bpy_app_debug_set, (char *)bpy_app_debug_doc, (void *)G_DEBUG_DEPSGRAPH_TAG},
 	{(char *)"debug_depsgraph_time", bpy_app_debug_get, bpy_app_debug_set, (char *)bpy_app_debug_doc, (void *)G_DEBUG_DEPSGRAPH_TIME},
+	{(char *)"debug_depsgraph_pretty", bpy_app_debug_get, bpy_app_debug_set, (char *)bpy_app_debug_doc, (void *)G_DEBUG_DEPSGRAPH_PRETTY},
 	{(char *)"debug_simdata",   bpy_app_debug_get, bpy_app_debug_set, (char *)bpy_app_debug_doc, (void *)G_DEBUG_SIMDATA},
 	{(char *)"debug_gpumem",    bpy_app_debug_get, bpy_app_debug_set, (char *)bpy_app_debug_doc, (void *)G_DEBUG_GPU_MEM},
 
diff --git a/source/creator/creator_args.c b/source/creator/creator_args.c
index f5ec13fc0df..df4946a8175 100644
--- a/source/creator/creator_args.c
+++ b/source/creator/creator_args.c
@@ -759,6 +759,8 @@ static const char arg_handle_debug_mode_generic_set_doc_depsgraph_eval[] =
 "\n\tEnable debug messages from dependency graph related on evaluation.";
 static const char arg_handle_debug_mode_generic_set_doc_depsgraph_no_threads[] =
 "\n\tSwitch dependency graph to a single threaded evaluation.";
+static const char arg_handle_debug_mode_generic_set_doc_depsgraph_pretty[] =
+"\n\tEnable colors for dependency graph debug messages.";
 static const char arg_handle_debug_mode_generic_set_doc_gpumem[] =
 "\n\tEnable GPU memory stats in status bar.";
 
@@ -1854,6 +1856,8 @@ void main_args_setup(bContext *C, bArgs *ba, SYS_SystemHandle *syshandle)
 	            CB_EX(arg_handle_debug_mode_generic_set, depsgraph_time), (void *)G_DEBUG_DEPSGRAPH_TIME);
 	BLI_argsAdd(ba, 1, NULL, "--debug-depsgraph-no-threads",
 	            CB_EX(arg_handle_debug_mode_generic_set, depsgraph_no_threads), (void *)G_DEBUG_DEPSGRAPH_NO_THREADS);
+	BLI_argsAdd(ba, 1, NULL, "--debug-depsgraph-pretty",
+	            CB_EX(arg_handle_debug_mode_generic_set, depsgraph_pretty), (void *)G_DEBUG_DEPSGRAPH_PRETTY);
 	BLI_argsAdd(ba, 1, NULL, "--debug-gpumem",
 	            CB_EX(arg_handle_debug_mode_generic_set, gpumem), (void *)G_DEBUG_GPU_MEM);
 	BLI_argsAdd(ba, 1, NULL, "--debug-gpu-shaders",