What’s an observation label?
Observation labels let you highlight specific points on a graph and label them with a value, a date, or some other text. You can find this feature under the chart annotations tab.
How to add an observation label?
There are two ways to add an observation label to a chart:
Use the context menu
- Right-click on the data point you want to label
- Select “Add observation label”
Use the chart annotations tab
- Select observation label under chart annotations
- Click on the point you want to label
By default, an observation label contains the date and value of the observation you select. To modify either its text or its appearance, click on the observation label and use the settings that open in the presentation properties tab.
These appear in the presentation properties tab after selecting an observation label on your chart. Check the Custom style box to get a full set of options you can edit.
Label appearance & border
Here, you can edit the appearance of the label’s text box, including its color, size (margin), shape (style), and distance from the graph. You can also edit the font and its size, by clicking “…” next to the font. You can also customize the box’s border.
The anchor is the part of the label that highlights the point on the graph. Here, you can adjust its appearance, for example its style or shape (available from Macrobond version 1.19), color, and width. You can also edit the line that connects the anchor to the text and, for example, add an arrow to it.
You can edit just the selected label or change the default text for all observation labels. In the window that opens after clicking edit, you can manually enter static text or use dynamic text. Dynamic text is especially useful for editing multiple labels at once.
By default, the range of the observation label starts and ends with the point you selected. Here, you can change that point by writing in a different date or using relative dates. If you input +0, for example, the label will always be on the last observation.
Highlighting multiple values and series
If you input different start and end dates, you can expand the range of observations included in the label. This means that you can highlight several values at once.
You can also highlight several series at once by selecting other series to include in the observation (available from Macrobond version 1.19).
In the following example, we highlighted an interesting area of the chart by including a range of values and both series in one observation label.