This is a simple metronome. The parameters are not stored on presets but are saved as preferences and is remembered each time you start the program.
The Tempo of this metronome is internal, if you want to sync to Jack Transport use the Looper metronome.
The Volumerparameter control the Metronome volume and can be really high
The Tempo adjust the Tempo bpm.
The Time Sig. Time Signature is where you can choose the type of meassure.
The S Meants sound, in "N" Normal mode you will hear a high sound at the beginning of each meassure, in the "H" position all the ticks will be high, and in the "L" position all the ticks will be low.