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It will depend on who makes it. 5/3 suggests 5 ports, with three states, with proportional flow decided by solenoid current. Maybe for use in an electrically controlled, hydraulically operated, servo system.
It would probably be a proportional cross-over spool valve with a solenoid at each end, spring loaded to rest in the centre = neutral position. Each solenoid would move the spool in a different direction. As solenoid current is increased the valve moves further and allows more fluid to flow through the valve. The 5 ports suggests it has the normal Pump and Tank ports, P&T, plus the DCV extend and retract ports, A&B. The fifth may be a signalling, brake or interlock line.
Can you please give a link to the particular hydraulic valve you are referring to, and explain your intended application.
When in neutral middle position all paths are blocked.
The ports 1, 2, 3, 4, & 5 are connected differently in the two end positions.
Imagine sliding the middle of the diagram sideways.
These are the three connection states.
The device you show in post #3 is not a simple DCV. It is an integrated pneumatic product manufactured by Festo. It includes control solenoids, LED indicators and pressure sensors. The full data sheet is here; https://www.festo.com/cat/en-us_us/data/doc_ENUS/PDF/US/VPWP_ENUS.PDF
You must ask more specific questions.