Generally, you want to set the CO2 to be on to provide a single point drop in pH (a drop of 1 point from what your current pH is at, without CO2 injection).
If your normal pH, without CO2 injection is (say) 7.5, then you would aim for a pH of 6.5.
As such, you would set an upper pH limit of 7.5, and a lower limit of 6.5.
When the pH rises to 7.5, your controller will open the solenoid valve, which will in turn allow CO2 into your aquarium. This will drop your pH until the set lower value (6.5), at which point, the controller will cut power to the solenoid valve, which will stop CO2 injection.
If you have a CO2 controller, I would just use that rather than a drop checker, as the latter really only provides a quick visual check of CO2 levels.
If your normal pH, without CO2 injection is (say) 7.5, then you would aim for a pH of 6.5.
As such, you would set an upper pH limit of 7.5, and a lower limit of 6.5.
When the pH rises to 7.5, your controller will open the solenoid valve, which will in turn allow CO2 into your aquarium. This will drop your pH until the set lower value (6.5), at which point, the controller will cut power to the solenoid valve, which will stop CO2 injection.
If you have a CO2 controller, I would just use that rather than a drop checker, as the latter really only provides a quick visual check of CO2 levels.