Creating and using a Color Profile with my Fiery/Copier

Question:
I have color profiling software (CP or 3rd party) and would like to make an accurate output profile of my Fiery/copier. How can I do this? There are so many settings in Colorwise’s Color Setup. What is the optimal way to set them (prior to printing my patch page)?

“Once output profile of Fiery/copier is created, how would I properly use it in following scenarios?

- Color management only done on Fiery
- Color management done external to Fiery