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In this Excel 10 tutorial for beginners, the presenter demonstrates how to change the comment indicator in Microsoft Excel. Initially, red triangles serve as comment indicators. The tutorial explains how to access the settings by clicking on the File tab, selecting Options, and then navigating to Advanced. Under the display options, users can toggle settings for comment visibility. The default setting shows indicators only and comments on hover. By selecting "Comments and indicators," users can display both simultaneously. Alternatively, selecting "No comments or indicators" removes all visual indicators of comments.