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The text you have entered is used as text when sending e-mails, text messages or push notifications. With '%value%' the value can be entered from KNX. 

For floating point numbers and percentages, you can use '%value,<Precision>%' to define the number of positions after the decimal point (standard: 0 for percentage and 2 for floating point number).

Example: The temperature is %value,2% °C.

For boolean values, use ‘%value, <text for false>|<text for true>%’ to specify custom texts for both possible values (default: 0 and 1).

Example: Light is %value,off|on%.