I don't have a Ranco, but just recently setup an AquaController 3 and I think the heater/chiller setup is similar. I also only have heaters, but hopefully this will help some.
If your ideal temp is 78, set the Ranco to that, then set your heater to just above that, say 79 or so. I would assume you'd do the opposite for the chiller, i.e., set it to just below the Ranco.