I'm also still struggling to fully understand the meaning of these 2 sliders but I believe this is due to the common sense in discretional trading where you "should" always have a well-defined SL (which defines your maximum risk per trade but never your total risk) and eventually a well-defined TP. It may help if you focus more on the backtest and Monte-Carlo results while playing with different sliders settings. This might get you a better feeling how these sliders are managing your risks.