Hi Aurust,

That element does not have options to make those adjustments and maybe you can use custom CSS to remove the items you do not want on it.

For removing that by__post name use this CSS:

.nectar-recent-posts-single_featured.multiple_featured .active .grav-wrap{
    display:none;
}

For changing the color of the progress bar then use this CSS:

body .nectar-recent-posts-single_featured.multiple_featured .controls li.active:before{
    background-color:white !important;
}

add both of these bits of CSS to salient \ general settings - css script related - custom css code.

Hope this helps.