You have a Kioti, right? I looked but found no diagrams on their website to get a picture of what the setup looks like.
If you can't get it adjusted it might be an internal wear issue. You can install detent replacement kits, if you can find it for what you have...or replace the whole valve.
If you have to replace the control valve or repair it, keep everything extremely CLEAN. Inspect the control valve spool and make sure nothing is damaged.
Here's a good thread with some general info about this subject
http://www.tractorbynet.com/forums/hydraulics/273159-loader-float-detent.html Call up the dealer and talk to them, they may have some tips for ya.
Tractorbynet is also a good resource there is probably someone on there who has either had the exact issue with the same model of tractor or can help with sourcing parts.