I use the "DJH" method posted on KTM talk, don't have to find TDC & I think it's a lot easier.
Intake valves; Transmission in top gear, rear wheel off the ground, if you
have a helper one can watch the valves and hold the manual compression
release while the other rotates the engine with the rear wheel. Rotate the
engine gently with the wheel to locate the point where the exhaust valve
starts to open then rotate very gently until the exhaust valves are 1/2 way
open! Minor frustration, we are now fighting against the valve spring which
wants to roll the engine back, so to stop it you either have to have a
helper hold the rear brake or, as this gets pretty boring so;
Option 1; Take a tie down, hook one end to the brake pedal, wrap in under the bike and up the left side to something like the top of the frame behind the engine. Now just tighten the strap so the brake can keep the engine from rolling back.
Option 2; Put a bar thru the spoke of the rear wheel adjacent to the swing
arm to stop the wheel.
At this point the Intakes are on Center of the Heel of the Cam. Proceed to
adjust.
Exhaust valves; As above, except, locate the point where the intake valves have opened and are 1/2 way closed (engine rotating forward). As the intake is closing the engine will want roll forward PAST the way point and the lash in the transmission and chain will make it so you can not stop the engine, so let it go just past, then roll the wheel backwards and secure it with the brake or bar again. Now proceed to adjust the Exhausts.
ALWAYS! ALL 4 STROKE ENGINES: With the engine rotating its correct direction the exhaust is adjusted when the intake is closing and the intake is adjusted when the exhaust is opening!