I now recommend an easier product using Fergon tablets from a drug store, but here's a recipe I published years ago:
Randy discusses iron and its usage in our aquariums.
reefs.com
Iron in Reef Tanks: How Much and What Form?
Deciding how much iron to add is fairly easy because, in my experience, it doesn’t seem to matter too much. Presumably, once you add enough to eliminate iron as a limiting nutrient, extra iron does not apparently cause harm (at least that I’ve detected in my tanks or heard of from others). I selected a dose of about 0.1 to 0.3 mL of a solution containing 5 g of iron (as 25 g of ferrous sulfate heptahydrate) in 250 mL of water containing 50.7 g of sodium citrate dihydrate. This liquid is dosed 2-3 times per week to my system with a total water volume of about 250 gallons. This iron(II) citrate has turned brown and cloudy since I first made up the bottle years ago, suggesting that it is oxidizing to iron(III) and some is precipitating from solution, but I still use it. Over the past 4 years, I’ve dosed nearly all of the 5 grams of actual iron to my tank.