Server Status Address

Hello,
Could you elaborate more on this in the documentation:

Server Status Address: If you uploaded the WHMCS status folder to your server, then enter the address to that server here including path. This will show users from your WHMCS website if your website is up or down. Your status notifications will keep admins informed.

Where exactly do I find the path to that folder? Is it mydomain.com/whmcs/status?

Thanks,

Matt