From Richard Ballantine and Richard Grant's Book; The Ultimate Bicycle Book :
Short-arm derailleur and double chainrings:you need a length of chain to pass over a large chainring and large cog, without going through the derailleur arm, plus two links extra. Long-arm derailleur and triple chainrings: with the chain through the derailleur arm and over the large chainring and small cog, the derailleur arm should point straight at the ground.
Works for me, and from it I have ascertained the chain on my current ( new for me ),bike is curiously two links too long, but it is the original Shimano IG chain and I am not messing with it until I can source and afford a new or less worn drive train.