You are on track.
But be careful - when PO
4 has hit zero for such a long time that it hurts the corals - your storage in sand and rock is empty. When you start dosing PO
4 - beside the uptake from photosynthesis - the storage will be filled too. When its filled - you will see what´s means with the Ketchup effect

If you notice that your corals start to grow again - they get their needed PO
4 and the flux is enough even if you do not read any leftover in the water column.
The trick is to have a dose that give the corals what they need from direct dosing but also from the back and forth PO
4 flux from the "storage room". I prefer to read a little left over - around 0.05 - 0.08 because - if so - I know that there is reserves that will be used if something going wrong with the dosing. But theoretical - it is possible to read 0 if you dose every day. To read 0 for a long time when you dose is a total different thing compared with reading 0 for a long time without dosing. It is not the leftover that's important - it is the daily flux. And I think that the concentration at the end of the photoperiod is the best tool.
Sincerely Lasse