ECM (PCM) takes over fuel trim control, once engine at operating temp.
Always keep in mind. LTFT is what ECM, is doing to correct STFT to get baseline near 0%. STFT is actual, fuel mixture at the moment.
I'm mostly interested in reads, while steady cruising on HWY, as stated above. It's where fuel and air mix & flows, O2 sensors (A/F in VVT), CATs are at optimal. I find this gives best indication of engine performance.
I've two different bluetooth OBD devices. Bluedriver & OBDmxII for iphone:
Bluedrive is closed architecture software, OBDmxII is open. The Bluedrive gives a real-time moment to moment read out of FT. Whereas the OBDmxII software I downloaded and use, seem delay and not as precise readings of FT. The OBDmxII however, gives more data points (PID) to choose from. I can see AT fluid temp (very useful), CAT, & AHC Mpa.
When watching FT, while driving. It becomes very apparent that any throttle movement, rapidly changes FT. As well as load (ascending or descending a hill) on drivetrain.
With either OBD device. I log the info for entire time it's connected. I can then go back and study the logs. To know, if I'm on flat ground and holding throttle steady when reviewing logs. By also log of RPM & MPH. I also like to see ECT & IAT and note OAT and weather conditions.
I focus in on HWY speeds ~65MPH -+10MPH. I need to see the MPH steady at say 65MPH and RPM steady at ~2,200 RPM (tire size and transmission dependent).
In the mile high city we have a lower air density, so less air (oxygen) in cu. ft. of air. When we ascend the Rocky MTN, climbing to 2 miles ASL (above sea level). The air becomes even thinner (less dense). This is where fuel delivery system shinns, reduce fuel to compensate for less oxygen. We get better MPG, but loose some HP. A dirty air filter will restrict air flow, so we'll see better MPG also. But I do not recommend dirty air filters. Engine does not run at optimal performance and we're sucking in dust damaging engine.
LTFT, is computer (ECM/PCM) adjustment to fuel amount to a bank of cylinders, via control of fuel injector pulse. To get STFT as near a baseline of "0%" ( perfect combustion point (stoichiometric air/fuel mixture (14.7 parts of air to 1 part of fuel). A moving target, PCM works to hit (baseline).
Lean (too little fuel in the mix) one bank only:
Lean one bank, LTFT of a bank, is over+5%, is where we become concerned. Which indicates a STFT of less than -5% (lean), being corrected.
Number one issue, I've seen. Is fuel injector need cleaning, cleaning & rebuilding or replacing. I see this more in low mileage. Why? They tended to sit without being started, for long periods. Fuel get old, results in some gunk clogging injector screen. 44k, Chevron Techron, Seafoam, Cataclean, etc. fuel tank additives work well if a clogged. I ran all of above and Seafoam fogger trying to clear a CATs. Pulled intake manifold and found the intake ports super clean. I suspect Cataclean, did the most to cleaning these head intake ports, which I used it last. Interesting all 8 of the fuel injector, tested prefect (flow and pattern), pre cleaning and rebuilding by Chuck at FIS. In fact, he call and ask what did I do. He not seen this before, with 15 year old a 160K miles engine.
Sitting long periods. Fuel leaks out fuel rails & injectors. Then oxygen and moisture may rust needles of injectors and fuel pressure regulator. These fuel injectors & FPR need replacing.
Injector to IM seals leaks. Not common if never disturbed. But with age, the rubber seals are drying and shrinking. So we'll likely see more of these seals just fail, with time.
Vacuum leak at intake manifold (IM) to head gasket. Which I've never seen, with factory install IM. But have, when intake manifold R&R service work done improperly. Like when starter, knock sensor, S.A.I., water bypass joint service work done.. Service history helps give clues here.
Warped IM. Which I've never seen on a 100 series. Neither in the aluminum or plastic IM of the VVT engine. But I have read about some, claiming to have happened in non 100 series 4.7L.
We've other possible causes of lean condition in just one bank. They're downstream of IM. Like valves, compression, spark plugs, COP, even exhaust leak pre or at o2 or A/F sensor, even a weak o2 (not enough yet, to kick-off DTC resulting in a CEL) or weak signal to ECM form o2 (high resistance in wires).
Lean both banks:
When we see both BK1 & BK2 very lean (to much air). This indicates a vacuum leak 80% of the time. 98% these vacuum leaks, are before intake manifold. Either a vacuum hose, air tube or throttle body (gasket, most times) is most common. As they affect both bank equally as they increase air to in intake manifold, which feeds air to both banks equally. The LTFT will be a high positive number. As PCM works to increase fuel to compensate for the the extra air from vacuum leak. STFT will be seen more in the negative.
I have seen both intake manifold gasket leak. Someone forgot to torque down the intake manifold. OUCH! I found this about 100K miles after service, best we could tell based on service history. Engine suck a lot of dusty. Killed compression, valve guides and CATs.
Restricted fuel flow issues, result in lean condition also. We may have proper air flow. But fuel is being restriction to both banks. This is almost always a weak fuel pump, bad fuel pressure regulator, clogged fuel pick up soak screen and or clogged fuel filter.
Here's one that both BKs lean, but interestly: BK2 ran leaner.
What was interesting was BK2 tended to run leaner than BK1. It was bad (rust), clogging pick up screen, weakening fuel pump and clogging fuel filter. After replacing fuel pump and fuel filter (engine bay). Both BKs FT came in line. With LTFT under 3% and STFT hovering around 0%
Remaining hard rust deposits, from old rust gas station storage tanks.
Magnet used to pick up iron (rust).
Very nasty fuel filler.
Bottom line. Don't be to concerned. If BK to BK FT varies from each other a bit. Provided under 5% -+. Check while engine at operating temp. Both idling and cruising on HWY.