Mic Gain switch on low, Limiter/Auto Gain Control switch on off & Low Cut switch on off.
However, if you use the menus to set the Limiter/Auto Gain Contol switch to operate the limiter instead of the AGC, it is OK to have that switch on as a safety valve (though some here would disagree with me). Set your levels to peak at around -12 and the limiter isn't likely to kick in anyway. However, if you make a mistake and the switch turns on the AGC it will have a very negative effect on the recording.
Under the Recorder Setup Menu
1) Set the record mode to Wave-24 bit. Be sure not to be recording to mp3. Recording in 16 bit would sound fine, but 24 bit allows you to set your levels lower to guard again overloading at peaks without adding audible noise when you boost the levels 12 db or even a bit more in post.
2) Set the sampling frequency to 44.1, 48.0, or 88.2, or 96.0 KHz as you prefer. I use 44.1 (CD Quality), but I believe most of us use 48.0 and some use the higher bit rates (that take up about twice the space on you SD card). Especially when using the internal mics, I don't believe you'll hear any improvement in your recording by using 88.2 or 96.0.
I can't help you with where to initially set the record level to get peaks at around -12 dB. I don't ever use the internal mics (although I once recorded several songs at a live show with them as a test and the recording came out better than I expected). If it's going to be a loud show, if nobody else can help you with this, maybe start with the levels at around 40/100 and adjust when the show starts. While you are adjusting the levels, the recorder will probably add audible noise to the recording (mine does/guysonic says that some of them don't), so it is best to do it during applause when possible.