No that chart is nowhere near the standard set by EI dosing. In fact, it seems that the chart is telling you to dose a lot less than the EI way. In terms of excessive nutrients, dosing a bit too much is not an issue. The best way to dose, in my honest opinion, is via the EI method.
You can search for EI Dosing Calculators online and that'll give you a breakdown of what you need, when to dose and how much to dose.
Using premade branded fertilisers works out to be a lot more expensive (and certainly overpriced!) than dosing the EI way. Buy your own dry powders then make up the solutions and away you go!
Sorry, I kinda went off on a tangent then...
I hope this helps,
Planted Tank Enthusiast
80L Opti White heavily planted open-top tank: JBL CristalProfi 1501e containing a range of filter media; EI dosing; pressurised CO2 with Lily Pipes and Surface Skimmer; Finnex Planted+ LED Light. Neons, Embers, Pygmy Corys, Amano's and Oto's ..and I'm in love with it.
If I have helped you or require further information / advice, then please do not hesitate to drop me a message!