If using X1, you'll need to set P50.
From my interpretation of the manual, you'll want to set it to 1, as what I think they mean by Wire Control Stop, is it's looking for a continuous loop, but it may mean it's looking for a continuous loop to stop. You'll need to try it and see.
You may also need to change P11 to 2, so it uses the input ports.
I'd be inclined to get it starting with a push button first, then work on getting it to stop.
Personally if it was my lathe, I would just wire up start/stop buttons.
In terms of use with this VFD, the difference between a stop and e-stop button isn't going to make much difference to how the lathe actually stops, and if the s**t hits the fan, you're more likely to hit the normal stop button than a separate e-stop button, as that's what you'll be used to hitting.
From my interpretation of the manual, you'll want to set it to 1, as what I think they mean by Wire Control Stop, is it's looking for a continuous loop, but it may mean it's looking for a continuous loop to stop. You'll need to try it and see.
You may also need to change P11 to 2, so it uses the input ports.
I'd be inclined to get it starting with a push button first, then work on getting it to stop.
Personally if it was my lathe, I would just wire up start/stop buttons.
In terms of use with this VFD, the difference between a stop and e-stop button isn't going to make much difference to how the lathe actually stops, and if the s**t hits the fan, you're more likely to hit the normal stop button than a separate e-stop button, as that's what you'll be used to hitting.