The flash recovery area, which allows you to centralize storage of all recovery-related files, the file types that are backed up within the flash recovery area are:
As Storage FRA can use:
To setup FRA you need ot configure two parameters: DB_RECOVERY_FILE_DEST_SIZE and DB_RECOVERY_FILE_DEST.
DB_RECOVERY_FILE_DEST_SIZE will represent the alocated space for your FRA.
DB_RECOVERY_FILE_DEST will represent the location where this will be stored.
To use the ASM as your FRA storage
This two parameters are dynamic, so is ok for you to change them without restarting the database.