Yes the only time you will see "Compensate Temp" is when you Lock the resistance by holding both the up & down buttons simultaneously.
Just to verify what Vlad1 is saying, mainly coz it would have been WILD if choosing Nickel were a special case. IOW, Nickel would be a special FIXED case, logical but dumb.
Here Ni 200 works the same as Manual TCR: Set the Resistance and you get the "Temperature Compensate".
There was an instance, though, where "locking the resistance" did not go immediately to Temp Comp but I believe that was a fluke, not repeatable.