Ford documents stated 4.5 to 9.0 degrees positive camber. The rule of thumb was to shoot for 7 degrees, roughly the halfway point.
You can actually calculate caster from the camber angle rig you made up. The math is complicated, so the process I will describe is to simply determine if caster is positive or negative, and if left and right caster are approximately equal (they should be, unless the axle is twisted.)
1) Roll down the driver side window.
2) Put a jack under the center of the axle and raise it so that both front wheels are just barely off the garage floor by an equal amount. Adjust the jack location left and right as needed to accomplish equal tire clearance from the ground.
3) With the wheels straight ahead, use your gadget to measure and record the camber of the left wheel.
4) Without disturbing the car, turn the steering wheel all the way to the left turn and measure the angle again, and record. If caster is positive the angle you record will be larger than the straight-ahead camber. If camber is negative, the angle you measure will decrease. Not good.
5) Turn the wheel full right turn and measure the angle. If you have positive caster, it should decrease from the straight-ahead camber.
6) Subtract the full left number from the full right number. Your caster is bigger than that number, but at least you know whether it is positive or negative. Guestimation? - your caster is three times the difference calculation.
7) Repeat for the right front wheel. Hope that the results between left and right are similar.
Because the change of angles is small, you need to accurately determine small changes in angles. If your gauge can not be read accurately to a tenth of a degree, you will need to purchase a digital inclinometer.
Okay, I have never actually done this, but it should work.