Understand that most air spring brakes... . the can located at the wheel that you see when you follow a truck... this spring brake has 2 chambers in it... . one is a large spring and it applies the brakes if there is NO AIR... . so what this means is that if the truck looses air the brakes apply and stop the truck... this has been an industry standard and law for as long as I've been in the business... . the second chamber is the braking chamber... .
So when you go to move the truck you flip a lever in the cab and apply air to the e-brake circuit..... this applies air and compresses the spring and releases the brakes... .
When you go to stop, the foot pedal, or in this case a valve will apply air to the second chamber and apply the brakes... most heavy trucks use a brake pedal that throttles the air... and most braking on large heavy trucks (class 8) is done between 15-25 lbs of pressure... but it takes 60 PSI to release the e-brake... so your hand lever needs to apply air in a throttled way... .
If the valve is just off and on, the air pressure will build and than the brakes will lock... . years ago, heavy haul trucks, logging trucks as an example would have a hand brake in the cab... . its design was to allow the driver to apply the hand brake lever which only applied the rear trailer brakes... this was to pull the load straight on wet slippery roads... . this hand lever I'm sure is the Midland brand lever valve you speaking of above... . NOTE HERE, is the valve your intending to use is only OFF/ON your in for problems... . this valve needs to work like an air pressure regulator, in that when you stop moving the valve the air pressure stops building up...
The only valve that I've seen on a truck is always spring loaded off... . except for the E-brake valve which is either off/on... . if you had a hand valve that you could turn loose and the brakes would stay on... you'd forget it with minor braking and burn them up... . I don't know of a driver that shifts with the brakes on... . one foot runs the clutch, the other foot runs the throttle and one hand on the wheel and the other shifts... these transmissions do not have synros... so the engine speed must be raised to mesh the gears when down shifting... read, you need to add throttle... .
Todays modern trucks have valves that crack at different pressures... . this means that when the driver places his foot on the pedal the last set of axles start to apply, than the next set, than the next set and last the front steer axle starts to apply... . this delayed braking keeps the trailers, and tractor straight down the road... . This valve is located at each axle... . if the mechanic mixes these valves up when doing repair work all hell breaks loose... the crack pressure or opening pressure is controlled to keep the trailers and tractor in line...
I hope this isn't too long or has confused you... . and it helps answer your questions... ... .