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By clicking this button three selections appear for adding overlay as it shown below ;

Text Overlay

Edit Profiles > Choose the profile which you want to add overlay > click Overlay tab
Click this button , then click Add Text Overlay section, following settings appear as it seen below.

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3- Variable Text checked

4- Max Length 12 Char

Edit Profiles > Choose the profile which you want to add overlay > click Overlay tab
Click this button , then click Add Image Overlay section, following settings appear as it seen below.
Name : name of the overlay item. If the over is variable this name tag will be used for changing the overlay remotely using Metus Ingest TCP commands.
Location : X and Y location for the overlay region on video. X and Y values can be either pixel or percent relative to top-left corner of the video. ( Pixel / Percent )
If preview option is checked then the overlay will be visible in preview screen. Checking the preview option will put a separate overlay region on source of the encoder. Since overlay function edits each make some modification to the video this option is not recommended to use unless it is required in workflow.
If the location is pixel then the preview and the encoded video overlay can be at different position of the video in case if the encoded video size is different from source.
Image : the image that will be used as overlay image. It is recommended that the Image to be used to be 32-bit PNG with transparency.
Opaque and Transparent : option can be set for the transparency of the image on video.

Edit Profiles > Choose the profile which you want to add overlay > click Overlay tab
Click this button , then click Add Image Sequence Overlay section, following settings appear as it seen below.

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