Thank you both, being a hydraulic novice, this is new to me. Curious though; what would describe my current valve type and what do i need? I think I'm confusing the terms like is a 2-spool the same as double acting and 3-way the same as 3-position? I think I have a 2-spool/3-position and need a 2-spool / 4-position.
A little more detail on this now that I am home.
Number of spools is mechanically how many spools is in the valve. In other words how many circuits it can control.
A loader valve is 2-spools. Older equipment...this meant two levers. Modern stuff has a joystick to control two spools. One spool controls raise and lower either by pushing in on the spool or pulling out. The other spool controls curl and dump...again either by pushing or pulling the spool into and out of the valve body. The spool is what actually directs the fluid from the different ports.
Now the term 3-way or 4 way has to do with weather the valve is designed for a single output per spool like a singe, single acting cylinder. Which would be a 3-way with only P T and a single work port.
A 4-way valve has TWO outputs per spool to control a double acting cylinder. Or in the case of a snow plow...a pair of single acting cylinder.
A 2-way valve would be like a ball valve. Simple on and off.
A 6-way valve would be like your selector that has only one spool for directing flow, but has 4 output ports PLUS the P and T...so 6 total
Number of positions has to do with how many positions the lever has for each spool.
3-way is standard. It has a neutral where nothing happens, one direction to pressurize one of the work ports, and another position to pressurize the other work port (if controlling a DA cylinder) or in the case of a single SA cylinder, the other position would just vent back to tank and let gravity work.
4-pos means the valve lever has a 4th position. Like your raise and lower on your loader. You have up, neutran, down, and float.
Some have 4 the position detent to hold the valve on. Some are only 3 position but still have a detent on one or both directions.
A 2- position valve would not be used for a double acting cylinder, but sometimes on a SA cylinder. Where you hold the lever to actuate the hydraulics, and letting off returns to neutral.