I believe you are most likely correct, but to know correct counterbalance weight you'd have to know the front axel load capacity, the existing load on the axel with the FEL empty, the effective weight of the load you're putting in the bucket which will vary based on how high you raise bucket, and the effective weight of your counterbalance which will vary with distance from rear end of tractor. In addition to this it would be advisable to know the available load capacity of the rear axel as you will be shifting weight to this pivot point. As mentioned in prior post my intension is in future, when possible, to attach my 505 lb
chipper to rear accepting it may not cancel an excessive load on the front axels, but will help. I, however, do need to look up the load capacity of my rear axels. I should add if you descend a long steep hill you will transiently transfer the load to your front axels in which case the counterbalance will work against you.