What values do the red lines in the luma waveform stand for in Blender?

[cash_flagg]

I know that the three red lines on the luna waveform stand for some values, but I’m not sure how Blender interprets these lines. I assume the bottom red line is black and the top red line is white, so what is the line between those two stand for?

[Jonathan Lampel]

Hey @cash_flagg , can you share a screenshot? I’m only seeing one red line, which represents the “safe zone” of dark before it gets to pure black. 

[cash_flagg]

I’m using Blender 2.8, not sure where you are in 2.79 or 2.8 there, but here is my screenshot.

[cash_flagg]

[Author]

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