Once you get the Ultra Gauge connected and set up for Trans temp you will not do the "set and forget" method the temp will go through the roof going up even the smallest incline in S5 if it shifts down, quickest way to kill a auto trans is towing and letting it get too hot.
I would rather take a few seconds changing gear than replacing a Auto in a cruiser that has got too hot too often and Mr Toyota saying "Sorry no warranty on that did you read the manual where it states S4 for towing"
I had auto trans gauge in the last car with the auto lock up and know what you mean. If that made you nervous don't get an EGT gauge !!!