If it works like chorus and higher level models, a cable tension adjuster is a must. Unlike most FDs, the big ring limit screw does not determine the cage location in the big ring. It limits the ovetravel needed to make the big ring shift. After the shift is made and the lever released, cable tension controls the cage position.

When everything is set right, the shift to the little ring only requires one click. The other two clicks trim the cage to the left.

The cable does exit the clamp bolt groove horizontally. Don't cut it short, bend it up to clear the crank and leave some excess.