It's easy to do this at home... place your racquet on a flat table with the head end of the frame partly hanging off the edge and the handle end of the frame remaining on the table surface, then continue moving the head end of the racquet off the table until you find the balance point at which the weight of the handle is equal to the weight of the part of the racquet that is hanging off the edge... this will be the "balance point of the frame"... to determine the balance points (pts), Once you find the balance point, simply mark the back edge of the handle and measure the distance between the back edge of the handle to the edge of the table with a ruler... if your frame is a standard length of 27in, then you know that the mathematical "mid point" would be 13.5in based on length... if you compare the distance from the edge of the handle to the edge of the table, to the length of the mathematical mid point of the racquet you will see that there is normally a .5 to 1.5in difference... and for every 1/8th of an inch of difference it is considered a point of difference (pt).
For example: if you placed a frame on the table and move the head of the frame off the edge until the handle began to lift up then pulled it slightly back until weight off the table was exactly the same as the weight of handle on the table, then took a card out of your wallet and marked the back edge of the handle... you could then remove the racquet then use the ruler to measure the distance from the edge of where the end of the handle was (now marked by the card) to the edge of the table... the distance for this example might be 13 inches... now in your mind you can easily calculate that the difference between 13.5 inches (the mid-point length of the standard racquet) and 13 inches (the measured balance distance) is .5 inches... well now ask yourself how many units of 1/8 inches (pts) are in .5 inches? The answer is 4... therefore in this example the racquet is 4pts headlight (hl).
It sounds complicated but its not... just try it a few times... you'll get it... there are also better explanations than this on the TW website just go to the Learning Center for more.