The waypoint paths must be recorded after you Initialize.
Click Auto, Pick a name for you path, eg: 11111 and then click Start, Fly mount and fly a circle on the sky, try to fly pretty high up the sky, and remember to pass by mining/herb spots.
After the path is recorded, press Stop. Then you can find the path named 11111 from Config, Under the Waypoint Path Tab.
Note: If you are not familiar with path setup, you can one of the two paths setup in the bot (e.g Saronite)