diff --git a/dlls/ntdll/relay.c b/dlls/ntdll/relay.c
index b9f5cc0..2e9ab58 100644
--- a/dlls/ntdll/relay.c
+++ b/dlls/ntdll/relay.c
@@ -338,6 +338,8 @@ static inline void RELAY_PrintArgs( int 
     }
 }
 
+static int level = 0;
+
 extern LONGLONG call_entry_point( void *func, int nb_args, const int *args );
 __ASM_GLOBAL_FUNC( call_entry_point,
                    "\tpushl %ebp\n"
@@ -375,24 +377,28 @@ static LONGLONG WINAPI relay_call_from_3
     BYTE flags   = HIBYTE(HIWORD(idx));
     struct relay_private_data *data = descr->private;
     struct relay_entry_point *entry_point = data->entry_points + ordinal;
+    char spaces[100];
 
     if (!TRACE_ON(relay))
         ret = call_entry_point( entry_point->orig_func, nb_args, stack + 1 );
     else
     {
+        memset(spaces, ' ', level * 2);
+        spaces[level * 2] = '\0';
+
         if (entry_point->name)
-            DPRINTF( "%04lx:Call %s.%s(", GetCurrentThreadId(), data->dllname, entry_point->name );
+            DPRINTF( "%04lx:%i:%sCall %s.%s(", GetCurrentThreadId(), level++, spaces, data->dllname, entry_point->name );
         else
-            DPRINTF( "%04lx:Call %s.%u(", GetCurrentThreadId(), data->dllname, data->base + ordinal );
+            DPRINTF( "%04lx:%i:%sCall %s.%u(", GetCurrentThreadId(), level++, spaces, data->dllname, data->base + ordinal );
         RELAY_PrintArgs( stack + 1, nb_args, descr->arg_types[ordinal] );
         DPRINTF( ") ret=%08x\n", stack[0] );
 
         ret = call_entry_point( entry_point->orig_func, nb_args, stack + 1 );
 
         if (entry_point->name)
-            DPRINTF( "%04lx:Ret  %s.%s()", GetCurrentThreadId(), data->dllname, entry_point->name );
+            DPRINTF( "%04lx:%i:%sRet  %s.%s()", GetCurrentThreadId(), --level, spaces, data->dllname, entry_point->name );
         else
-            DPRINTF( "%04lx:Ret  %s.%u()", GetCurrentThreadId(), data->dllname, data->base + ordinal );
+            DPRINTF( "%04lx:%i:%sRet  %s.%u()", GetCurrentThreadId(), --level, spaces, data->dllname, data->base + ordinal );
 
         if (flags & 1)  /* 64-bit return value */
             DPRINTF( " retval=%08x%08x ret=%08x\n",
@@ -419,6 +425,7 @@ void WINAPI __regs_relay_call_from_32_re
     BYTE *orig_func = entry_point->orig_func;
     int *args = (int *)context->Esp;
     int args_copy[32];
+    char spaces[100];
 
     /* restore the context to what it was before the relay thunk */
     context->Eax = orig_eax;
@@ -428,10 +435,13 @@ void WINAPI __regs_relay_call_from_32_re
 
     if (TRACE_ON(relay))
     {
+        memset(spaces, ' ', level * 2);
+        spaces[level * 2] = '\0';
+
         if (entry_point->name)
-            DPRINTF( "%04lx:Call %s.%s(", GetCurrentThreadId(), data->dllname, entry_point->name );
+            DPRINTF( "%04lx:%i:%sCall %s.%s(", GetCurrentThreadId(), level++, spaces, data->dllname, entry_point->name );
         else
-            DPRINTF( "%04lx:Call %s.%u(", GetCurrentThreadId(), data->dllname, data->base + ordinal );
+            DPRINTF( "%04lx:%i:%sCall %s.%u(", GetCurrentThreadId(), level++, spaces, data->dllname, data->base + ordinal );
         RELAY_PrintArgs( args, nb_args, descr->arg_types[ordinal] );
         DPRINTF( ") ret=%08x\n", ret_addr );
 
@@ -456,12 +466,12 @@ void WINAPI __regs_relay_call_from_32_re
     if (TRACE_ON(relay))
     {
         if (entry_point->name)
-            DPRINTF( "%04lx:Ret  %s.%s() retval=%08lx ret=%08lx\n",
-                     GetCurrentThreadId(), data->dllname, entry_point->name,
+            DPRINTF( "%04lx:%i:%sRet  %s.%s() retval=%08lx ret=%08lx\n",
+                     GetCurrentThreadId(), --level, spaces, data->dllname, entry_point->name,
                      context->Eax, context->Eip );
         else
-            DPRINTF( "%04lx:Ret  %s.%u() retval=%08lx ret=%08lx\n",
-                     GetCurrentThreadId(), data->dllname, data->base + ordinal,
+            DPRINTF( "%04lx:%i:%sRet  %s.%u() retval=%08lx ret=%08lx\n",
+                     GetCurrentThreadId(), --level, spaces, data->dllname, data->base + ordinal,
                      context->Eax, context->Eip );
         DPRINTF( "%04lx:  eax=%08lx ebx=%08lx ecx=%08lx edx=%08lx esi=%08lx edi=%08lx "
                  "ebp=%08lx esp=%08lx ds=%04lx es=%04lx fs=%04lx gs=%04lx flags=%08lx\n",