If you click on a line or study on LiveCharts 2.0, the line or study highlights.
At that point you can hit the delete key (keyboard) to remove the study.
If you have saved a session (or setup) that you prefer via the save session button at the top right of the applet, and then want to return to that session then simply click the load session button to reload that setup.
Sessions are stored on cookies.
If you just want to wipe every change, and go back to the default applet, clearing cookies will delete the saved session, and return to the default.
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