Control/Dimming Quick Smartsoft Question

Just got a smartfade 2498 yesterday, started recording some sequences, and I noticed a few things...

Ok my first question is in smartsoft, in the stack/sequence editor some of the sequences have these icons at the bottom, a clock on the left and an F on the right, and sometime an R in the middle. I'm pretty sure these have something to do with fade, rate, etc. but what do they really mean and what triggers them?...

2nd question, when I try to change the wait, up or down time of a step in the sequence it doesn't seem to effect anything, why is that?

Thanks in advance.
 

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