A problem I've found with cheap red dot sights is that on several I've used, the arrows on the adjustments are backwards. Turn the knobs opposite of the way the arrows point, but do it with a laser bore-sighter or by looking through the bore, at a target if you can.
I like to clamp the rifle in a vise and turn the screws to position the laser dot where I think it should be for the distance to be sighted in. Then, it's necessary to make adjustments based on actual shooting at a target.
If you're at the range and no vise is available, try this: There are no click adjustments, but if you hold the rifle down sandbags, pointing at the center of the target, have somone turn one screw to move the crosshair to the center of group you just shot. Then, without moving the rifle do the other screw. Pay attention to the direction the crosshairs move to see if the markings on the dials are correct or not.
Good luck. Once the sight is adjusted, you'll love it!