I was talking about the one directly to the left of the switch. I see the timer icon in the lower right.
Yes, that is a separate indicator in addition to the position of the switch (and the light in the switch itself for appliance modules) of the module status.
Interestingly enough, I just did a test on my laptop (which has AHP, but is not connected to a controller right now).
I can click on the switches to turn them on and off in AHP, but the indicator light in AHP does not turn on.
Perhaps one is an indicator of what you WANT it to do, and the other is an indicator of what's really going on?