Tactical overlay
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Activating the Tactical Overlay
Most EVE pilots have futzed around with the buttons on the HUD by now and have discovered the Tactical Overlay. This is a page for those of you who haven't, or aren't quite sure what it's good for. Activating the tactical overlay is as easy as clicking the button that's highlighted blue in the following screenshot (or using Ctrl-D, which is the default key binding to toggle):
If your camera is zoomed in fairly close to your ship, the first thing you'll see is some lines, light shading, and numbers around your ship, depending on its orientation.
If you zoom your camera out, the tactical overlay will come more clearly into view, and look something like this:
Targeting Range
At the very center of the concentric rings is your ship, and the rings mark various ranges in kilometers. The sphere you see is the targeting range of your ship with any rigs and active modules. The image above is the natural targeting range of a Condor (28.75km without any active modules or rigs). If you were to activate a Sensor Booster I (with 25% range bonus) you would see the sphere expand (to 33.12km) and look like this (and, no it wouldn't cause solar waves in space):
One thing that is not reflected in the targeting sphere (or any of the overlay views) is any bonuses you have due to skills or implants. It's not clear what the rationale was behind that design decision.
Selected Objects in the Overlay
Another feature of the overlay is that when you select something in the overview that is out of range, you will see a line to it in the overview. If this were a hostile targeted (haven't checked if it's any ship), there would be a big X wrapped on the surface of the targeting sphere where the ship would enter your targeting range at the current trajectory. (As CCP doesn't consider cans to be terribly aggressive, there is no X. It's also possible the targeted object would have to be closing on you. If anyone knows the answer to this, please update.)
If you have multiple sets of targets approaching your ship at different angles, you can swing the camera around, selecting different ships to see how far they are from the entry point. This can give you a tactical sense of who's likely to get to you first as they close on your position and allow you to plan your battle.
Though the same info is available for objects in your overview, the overlay can be useful when doing missions, ratting or whatnot because it will show you the xyz location in space. For example, two ships 50km from you may be together, 100km apart on either side of you, or any orientation that would land them on the surface of a 50km radius sphere.
Optimal Range and Falloff
Now, on to the original point of this page. When you have the tactical overlay up, you can mouse over any weapon that have an optimal range and falloff and see what this really means in space:
Here we see two spheres (the targeting sphere remains but is not in this picture). The smaller sphere is the optimal range of the weapon in question. The larger sphere is the (optimal + falloff) range. There is a pretty complicated explanation of how this works out mathematically here. TLDR: Your chances to hit and damage done drop to around 50% when the target is at (optimal + falloff), and down to effectively zero at (optimal + (falloff * 2)).
Missile Ranges
Missiles, unfortunately, are not shown in the overlay at all, which IMHO is either a design oversight or work that hasn't made it to the top of CCPs stack. Seeing how the game knows how far the missiles will reach (FlightTime * Velocity), with modules and rigs on top of that, there's really little excuse for the latter. Not sure what they were thinking if it's a game design decision.
Ranged Modules
Modules that have a range simply display one sphere. Modules will not activate on targeted objects outside this range. Good examples are Tractor Beams, Salvagers, Miners, etc. While mining, for example, the overlay can help a pilot to find a good place to sit in range of the desired asteroids.
Another use for the tactical overlay is planning your path through wrecks as you salvage in your shiny, new Noctis (or the ship you're in while you're saving up to buy your shiny, new Noctis.) Typically, with a good fit, and assuming you didn't have to kite the mobs for 20 minutes, you'll be able to visually figure out an optimal path for grabbing all the stuff.