Instructions
On the Ground
Determine whether you will need to increase or decrease the reference pressure set in the window by observing the current altitude displayed. If it is below zero feet, you'll have to increase the pressure. If it's above zero feet, as it generally should be, you'll have to decrease the pressure.
Reduce the reference pressure, assuming you're higher than sea level, until the altimeter reads exactly zero feet. QFE is now set in your altimeter.
Read the reference pressure you ended up with in order to make the altitude read zero. This is the QFE pressure for the current meteorological conditions.
In The Air
Subtract known field elevation from the altitude on your altimeter. For example, if the field is 1,000 feet above sea level and you're flying at 4,000 feet above sea level, you get 3,000 feet. This is your height above the ground.
Reduce the reference pressure in the altimeter until the altimeter reads exactly the height above ground from the previous step. QFE is now set in your altimeter.
Read the reference pressure you ended up with in order to make the altitude on the altimeter match your height above the ground. This is the QFE pressure for current meteorological conditions.