flight mode

Hi Guys Been out playing around with sports mode to test the maximum speed. This is pretty crazy in my world getting up to around 40mph or more. I can easily see something go wrong at the speed. How fast have you guys tried to fly? My test was done with a Mavic but would be interesting to...

Do all modes on the P4 provide automatic hovering capability? Is there a mode where I would have to manually maintain altitude and position?