When configuring a new workflow with the v.160 Alteryx Connector for Timeline, the Advanced Configurations section is not created. However, the Advanced Configuration tags from previous version of the workflow still remain in the configuration as their functionality is working when transferred from the previous connector versions.
Even though, the additional configurations options are not set by default now, they can still be added manually in the tool configuration. For this, you will just need to add a string with the options in the beginning of configuration JSON, as shown on the screenshot below:
This behavior is going to be fixed in the upcoming connector releases.