Found this: http://uscfsales.wordpress.com/2011/04/19/using-graphic-commentary-in-chessbase-11/
Green square – hold down the ALT key and single-click on a square
Yellow square – hold down the ALT and CTRL keys simultaneously and single-click on a square
Red square – hold down the ALT and SHIFT keys simultaneously and single-click on a square
Green arrow – hold down the ALT key and drag the mouse from square to square
Yellow arrow – hold down the ALT and CTRL keys simultaneously and drag the mouse from square to square
Red arrow – hold down the ALT and SHIFT keys simultaneously and drag the mouse from square to square
What software do people use in chess videos when they highlight squares and draw arrows?