Perfect Contrast and Exposure for DSLR Video

Digital Calibration Target is great for photos but I am not sure how to use it for video.

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I picked up a Digital Calibration Target last week and I have been playing around with it and learning a lot more about my histogram on the back of the camera.

I found it helpful in my photography to get the perfect white balance and exposure but for video I am struggling on how best to use it.

Using it for photography I shift the exposure to the right of the histogram where I bring my highlights almost to clipping, but with videos I am finding that is not the best approach so I am practicing withe waveform monitor.