When you are setting the valves for forward gear, you should be turning the wheels in the forward direction, and the valve should be just starting to open just before the piston reaches top dead centre. It will then stay open until nearly bottom dead centre when you are in full gear.
Similarly, when you are setting up for reverse gear, you should turn the wheels backwards. Again the valve should start to open just a whisker before top dead centre, and remain open most of the way down the stroke.
The actual position of the eccentric will depend on the valve, eg whether it is outside admission or inside admission. Slide valves are outside admission, piston valves can be either but are usually inside admission. For the slide valve case, the eccentric will be advanced relative to the crankpin in the direction of rotation by a bit more than 90 degrees. Bear in mind that for reverse, advance will be in the opposite direction.
So for a slide valve loco with the piston at top (forward) dead centre, the forward eccentric will be at the bottom position (near the track) and behind the axle centre and the reverse eccentric will be at the top position and also behind the axle centre. The amount they are behind the axle centre will depend on how much lap the valve has, but it may typically be 15 to 30 degrees or so. This is what you set up when you follow the procedure given in the article.
The idea is that when you are trundling along, the valve opens just a little before top dead centre so that steam starts flowing by the time it is needed. It keeps being admitted until the valve cuts off. When in full gear, that will almost be at the bottom of the stroke. Once the loco is rolling you can advance the cutoff, so that although steam is admitted at about the same point, it is cut off before the piston has moved far and the steam already in the cylinder expands for the rest of the stroke. This give more economical working.
John