This control is used to define how aggressive the kernel will swap memory pages. Higher values will increase aggressiveness, lower values decrease the amount of swap. A value of 0 instructs the kernel not to initiate swap until the amount of free and file-backed pages is less than the high water mark in a zone.
An estimate of how much memory is available for starting new applications, without swapping. Calculated from MemFree, SReclaimable, the size of the file LRU lists, and the low watermarks in each zone. The estimate takes into account that the system needs some page cache to function well, and that not all reclaimable slab will be reclaimable, due to items being in use. The impact of those factors will vary from system to system.
-- linux-5.0/Documentation/filesystems/proc.txt (file
What are the current values of the low and high watermarks on my system? And what value are they relative to, e.g. if I want to express them as a percentage?