A liner installation system for use in a wellbore having a casing string disposed therein. The system includes a liner string having a liner hanger and a liner top and a setting tool having an expansion cone assembly and a locator cylinder. After running the liner string through the casing string such that at least the liner hanger is positioned within the wellbore casing, the setting tool is run through the casing string until the locator cylinder contacts the liner top. Thereafter, axially moving the expansion cone assembly through the liner string radially expands the liner hanger into contact with the casing string.