The grey wire is energised when DHW is NOT required,
comes from the normally closed contact, both on the tank thermostat and the programmer. So when the DHW only is required there is no power to the valve, and the boiler is supplied from terminal 1 (N/O) from the tank thermostat. If then CH is required, the white wire is made live, so until SW1 changes over it motors the the valve, at which point the diode and resistor matrix will hold it in the central position. If DHW is no longer required then the grey becomes live and the valve will now motor all the way across, and SW2 will power the boiler, if the white wire looses power the valve will remain all the way across, but there will be no power to the orange wire so boiler will stop. If now DHW is required the power to grey is lost, so the valve will now return to rest so DHW only.
This does not seem to be what the video is saying. So who has it wrong, me or John?
I was trying to explain why when SW1 sticks in moving the bleed leaver to the bleeding position can keep the central heating working, however neither mine nor Johns explanation seems to ring true, so maybe
@flameport can answer why latching the bleed lever can keep the system running when the micro switch sticks?
Only out of interest as my heating is C Plan, but just can't get my head around how it works.