Is this correct way to use compound format via Java API?

gistfile1.java

Settings settings = settingsBuilder()
                .put("gateway.type", "local")
                .put("index.number_of_shards", 1)
                .put("index.compound_format", true)  // ##### Here ?
                .build();
                
Node node = NodeBuilder.nodeBuilder()
                .settings(settings)
                .local(true)
                .node();

Client client = node.client();

client.admin().indices()
    .prepareCreate("myindex")
    .execute().actionGet();