Hey, Jack. You have the right idea, wait for the 3 green bars to settle. When you first pick the string it can ring a little sharp. So wait until after that initial onset. Eventually you want to pick lightly enough to get it to ring without causing it to go sharp. Here's a video on how to use it.
https://www.youtube.com/watch?v=Fg0ULlPvKJg
Hope that helps!
Christopher Schlegel
Guitar Tricks Instructor
Christopher Schlegel Lesson Directory