On the stoplights screen in the Project to Milestones wizard, it is possible to add a stoplight column.
The column can compare one of the following
two date columns (Columns A and B)
two number columns (Columns A and B)
a single number column. (Column A)
For stoplights which compare two date fields, an indicator will be displayed using the following:

For stoplights which only look at one date field, an indicator will be displayed using the following:

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