Leica Yup another Leica newbie question

Under the film dial there's a horned dial that rotates revealing numbers 0-20. First what is it and should it be left alone , kept on 0, or doesn't it matter. Looked on a download book on Leica if iif iiif ---not clear, nice picks
 
This is for flash Sync, used with various types of Bulb flash. It sets a delay for the bulb to be at maximum. For X-Sync, set to 0.
 
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