Lambda is the current AFR divided by stoich AFR, found by reading how much oxygen was left unburnt. A stoich AFR for methanol will be 1.0, a stoich for E0 gasoline is 1.0, and stoich for E85 will be 1.0. You could even check the lambda of charcoal with your wideband (in theory). AFR's are what are different.
If you want methanol to be 15% rich, which is an AFR of 5.27 (6.2 is stoich), you take that lambda value (5.27/6.2=0.85) and multiply it against what your wideband readout is set to. In most cases it's E0 gasoline, which is 14.7: 14.7 x 0.85 = 12.5:1 ratio.
The fact is every motor & wideband controller will be a bit different, and each sensor will have a certain amount of aging on it. Find what makes the most power (safely) for the combo you have and you'll be set.