Since peak is an undesirable state and one doesn't want to go through it slowly, why go through it quickly and then go back to it as a reference point before going LOP again?
It's been 10 years since I ran LOP in a Continental IO540, so my experience may be dated and i am not trying to advise, I'm only chatting/learning. When I did it, I had developed some experience of the EGTs I wanted to see by cylinder. I equated them with fuel flow. When I did the big pull, I went right to fuel flow and then checked that the EGT was where I expected/wanted it by cylinder. I never had to go to peak except on the pretty rapid "big pull".
Is this method no longer so good with the new avionics?
(Yes, I'd love to have an injected engine again so I could fly LOP.)