An automatic spectrum analyzer is provided with enhanced features for measured data handling and analysis. One feature allows the user to establish a sequence of operations to be performed at the end of each sweep of the instrument. Another feature enables the user to specify a particular signal amplitude and to have a marker placed on a displayed signal trace at that amplitude. Still another feature provides a marker that can be positioned on the next signal peak to the right or the left of the current marker position, enabling the display of the amplitude and frequency of the signal on which the marker is placed.