I tried many positions and for ME this is the best way.
If the peg is in the 6 o,clock position you have to lift your foot
quite a lot for gear changes.
If it is too high you got more knee bend.
I did lower the gear change pedal a little on the spline.
The pegs are very easy to adjust and a quality product but not the cheapest.
You can get pegs without the rubber inserts or a more race type peg as well.