Tony,
I think you're referring to the setting for the balance of the blade. There is a screw that can be adjusted so that the blade is well balanced, but not overbalanced, relative to its vertical pivot axis. That's a different thing from what I'm referring to. With a Hasler gear (or any other pendulum gear), you mustn't let the aft end of the whole gear droop down lower than the forward end, or the blade toes forward into the water flow and is unstable. If the aft end of the whole gear is higher than the forward end, the blade is trailing a little. I would say that you should put a spirit level on the horizontal tubes of the framework, and aim for an angle of between 0 and 5 degrees. It is actually beneficial* to tilt the vane forwards at up to 5 degrees as well, so this ties in well.
My gear is built with its "horizontal axis" at 30 degrees to horizontal - that's where the trailing action comes from.
* It's a difficult thing to explain, and involves a 3D visualisation. John Letcher's book on self steering tells it better than I can.