Since you added more than 1 pound per gallon of live rock to your tank, there won't be much of a cycle. I would still keep testing, and wait a couple weeks before adding any livestock.
Algae is a good sign, and is part of a new tank.
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Pat
Current Tank Info: 125 in-wall , 40b sump. 6 bulb T5. ASM G2 skimmer. LPS and leathers
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