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Pick from scene – Creates a new proxy from an object picked from the scene.

Load from file – Loads a previously saved object as Corona Proxy.

Viewport Display Method – Sets the viewport display method. The available options are Solid Bounding Box, Wire Bounding Box, Point Cloud, and Full Mesh.

Point cloud [%] – Defines a level of visibility for Corona Proxy object in a viewport. Available only when the Point Cloud method is selected.

Keep in memory – Do not flush a model from RAM between renders. It increases scene parsing speed and memory consumption when enabled.

Reload from disk – Reloads a previous loaded proxy file from a disk.

Batch convert – Prompts from a directory, and converts all proxies in that directory. and in its subdirectories to the latest Corona format (.cgeo). Original proxy files are preserved.

Duplicatetomesh – Clones the proxy to a regular mesh object.

Enable animation – Enables the animation included in the proxy object (if there is any).

Mode:

Repeat –The whole sequence is periodically repeated (the first frame appears after the last frame).
Ping Pong –Sequence is repeated in a continuous way (e.g. frames 1 to 5 are repeated as follows: 1 2 3 4 5 4 3 2 1 2...).
Freeze out of range –Frames below the range of the loaded sequence are displayed as the first frame of the sequence and frames above the range as the last frame of the sequence.
Hide out of range – The proxy is hidden at out-of-range frames.

Frame offset –Determines how much the sequence is offset compered to the 3ds Max timeline.

Speed multiplier –Determines how fast the sequence runs.

All – Checks all checkboxes/enables visibility of all sub-meshes.

None – Unchecks all checkboxes and disables visibility of all sub-meshes.

Invert – Checks all unchecked checkboxes and unchecks all checked checkboxes/enables visibility of sub-meshes that are currently not visible and disables visibility of sub-meshes which are currently visible.

For more information check Proxy Mesh Visibility