Glad to hear that thank you so muchAgree with it being a toadstool and that it's just acclimating. It's fairly bulletproof when it comes to corals... it can tolerate different levels of light and flow without demise.
As others have noted, it will take several days to sometimes a week or so to acclimate. And it will also retract at night some days. It may be sloughing and if that's the case, it will look like that for several days to a week. Hard to tell given how recent you added it to your tank.
As for parameters, you may want to bump up nitrates to 10 ppm or so and phosphates to 0.1 ppm. Toadstools prefer nutrient rich water.
They will grow quickly and get rather larger.
From what I can see, you're on the right track. Just give it some time...
It's been set up for 4 months nowBased on the surrounding substrate... im guessing this tank is fairly new? Not seeing much aging of the live substrate....