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5.0L (1979-1995) MustangTechnical discussions on 5.0 Liter Mustangs within. This does not include the 5.0 from the 2011 Mustang GT. That information is in the 2005-1011 section.
The # marks on you balancer are BTDC, 0 would be TDC. Stock is 10* BTDC with a light, set it to 14* BTDC with a light. Using a light is the only way to set a degree of timming accuratly on you mustangs.