Reverb Plug-Ins : TL Space TDM and TL Space Native : TL Space Display Area : TL Space Meters

TL Space Meters
The Meters display the amplitude of the incoming and outgoing audio signals by channel. The number of meters shown will depend on the number of input and output channels. Input meters may be mono or stereo, and output meters may be mono, stereo, quad, or 5.0 channels. Each meter is marked as either mono, left, right, center, left surround, or right surround. A logarithmic scale marked in decibels and momentary peaks are also displayed on the meter.
 
The red Clip indicator indicates that audio for that channel has exceeded 0 dB in amplitude. When a channel has clipped once, the clip indicator remains lit and additional clips will be shown by a variation in the color of the indicator. The clip indicator for all channels can be cleared by clicking on any clip indicator, or selecting the Pro Tools Clear All Clip Indicators command.
The meters do not function when TL Space is used as an AudioSuite plug-in.