I'm probably the worst person to give advice here but just sharing my experience as another data point / point of view. While most folks tend to be very methodical in approach to SPS, I take a bit of a haphazard approach in that I don't really dose, rarely test (except now with trident) and don't really do water changes. I have however put in a skimmer recently... if that counts. What I do instead is I throw in a few blocks of sea lab no 28 for Ca+, and every night I throw in a spoon of baking soda before bed to keep alk between 9.8 - 10.25 (not exact since I eye ball my scoop).
That said, despite my haphazard ways, my tank is fairly stable since I am repeating my same bad habits regularly...
Light wise, I was running Radion XR30W G3 Pros at 90% for a 24" high tank -- just swapped them out for G4s Pro and a non-pro (cuz I didn't read the add.. doh and wound up buying a non-pro...sigh), running at about the same setting. My frags are located at the bottom of the tank so probably only get about 180 PAR or so as a guess... haven't had enough motivational energy to remeasure yet. But, they have been growing fast and coloring nicely.
Given this, I think 300PAR is way too high, esp if your frags are recently introduced... I would always start lower to acclimate and slowly raise it up... esp since you're running a G5. try running the AB+ program at maybe 40% for awhile... too much light can cause zoox explosion and brown out coral.
here's a pic of relative positions of most of my frags for grow out. have some higher near the surface as well but the ones lower perform better in my opinion: