Ditto, the process of setting the timing is based on the intended chain conditions, the length of the chain given known tensioner length. The stock tensioners change length given chain tension, the tool(dummy tensioner) does not change length, thus maintains chain tension expected to set the timing.
Thanks Dale for the Mustang reference. I'm planning to set mine soon after locking TDC by a proper TDC piston stop tool. I hadn't yet searched to see if there is a best timing to use, such as 5 BTDC. I don't want any loss of bottom or mid range power, I don't need 5500rpm power.