I'm not sure what you mean by, 'installed on the side' but one of your earlier posts suggests that you're trying to mount it out of view.
IMO, you should mount it where the sensor is going to have the straightest path of air as possible. As far away from any bends before or after the meter as possible. Once installed, if you have stability problems, then it's a matter of reclocking the meter until you find the smoothest stream of air that you can.
You can install it pretty much anywhere. Since you said that you're installing an intercooler, I would suggest installing it someplace AFTER the intercooler. Low power resolution is generally not as good with a blow-through meter as it is with a draw-through meter so the more you can help getting a smooth air-stream, the better off you're going to be. On the plus side, your air-charge should be relatively consistent regardless of what ambient air temp end up being (within reason, of course).