This was done in LV6.1, but it should be the same in LV7.
Open a new vi and insert the default indicator. Right Click on it->Advanced->Customize
Select the text and right justify it.
Save it as a new control and close the custom control interface.
On the front panel, right click to get the controls palette, selct User Controls (bottom right) and tack it down (pushpin). Hit Options (top right), edit pallete. Right click on User Controls window->Insert and choose your new indictor, with right justification. Save it out.
Whenever you wnat it, there it is under User Controls.
2006 Ultimate LabVIEW G-eek.