Dear Anne,
this should actually work with the property node. It works for the classis image indicator or display as well as for the modern one. I am currently working with LabVIEW V8.5 and I have just tried that property node and it is working fine.
Here is what you need to do:
a) Right click on the indicator and select create property node ==> "Position" and then "all elements".
b) By default, LabVIEW will place the node in read mode
c) Right click the "Position" node and select "Change all to write"
Now when you wire in values for "top" and "left" and execute your VI - it'll align the upper left corner with that pixel position of your front panel.
I hope that helps.
Best,
Markus Tarin