Lew it is headshell offset angle. The reference is to the arm's pivot not the record. The equation works fine. The variation is in the kinetic coefficient of friction which changes with groove velocity. The recommended value is 9 to 11%. I just round it of to 10%.
You can not hold the gauge vertical. All that I tried gave unreliable readings this way. I used a 1 to 1 pivoted arm to change the force from horizontal to vertical. The scale sits on the platter as usual. The floating arm which is drifting outward because of the antiskating force is then located against a pin in the vertical arm of the 90 degree lever. The force is transferred to the scale and you have a measurement. The lever arm should place some downward force against the scale which you cancel out with the tare button. The quality of the bearing is critical. Cheap bearings out of router bits will not work. Ask me how I know! I used a tiny, oil free, ceramic ball bearing. You want a scale that measures down to thousandths. I'll email you a picture when I get a chance.