How to set timing on a 2000 ford mustang using cam sensor

SOURCE: 1998 ford ranger cam shaft sensor

there is a tool to line up the sensor while at top dead center on #1 cylinder you put it on top of the syncronizer fords name for the oil pump drive & interupter. good luck from schleck.

SOURCE: where is the second temp sensor on the 2000 ford mustang 4.6?

On  4.6 engines the ECT is located at the left side of the alternator outside the engine block. Thsi si the one that the computer reads.

SOURCE: whow to set the timing

IF I WERE YOU I WOULDN'T ATTEMPT THIS IF YOUR NOT MECHANICALLY MINDED AS YOU COULD DAMAGE VALVES IF MISTIMED ANYWAY YOU WILL REQ TIMING PIN & LOCKING BAR FOR CAMSHAFT FOR THESE.

SOURCE: a p0340 trouble code and i changed the cam

Code P0340 is a camshaft position sensor CIRCUIT fault. This means it can be a bad sensor, wiring fault (loose connector, short, open), or even a bad PCM. Since you've already changed the camshaft position sensor you've eliminated that possibility. It's time to do some electrical troubleshooting. That, of course, depends upon your skill set for this type of work and equipment (mostly a good dmm and schematics). If you're not equipped for this then you'll likely have to seek assistance from a local shop.

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SOURCE: i put in a new cam shaft sensor and the engine

yes...replacing the cam sensor is just like a distributor

however, additionally, you need to reset the timing via a scan tool