Use this Protection Relay Setting Calculator to calculate pickup current, time multiplier settings (TMS), operating time, coordination time interval (CTI), and plug setting multiplier (PSM) using fault current, CT ratio, and IEC 60255 curve parameters. Pick Up Current Definition: The current level at which the relay begins to operate, overcoming the controlling force. They should not be installed purely as a means of protecting systems against overloads. The relay settings that are selected are often a compromise in order to cope with both overload and. PSM represents how many times the actual current is above the relay's current pickup setting.