Mine doesn't do an uptick. It takes a few minutes of driving to begin showing a temp.
I recall only three wires. The sensor terminal is wired directly to the temp sensor in the pan. The accessory light is tapped into the shifter light. And the ground is attached to the tub near the shifter plate.
Yes, the wiring should be pretty simple (Ignition, Sensor, Ground, Bulb). I also used the shift indicator wiring for the buIb.
I am using teflon tape on the sensor, but I figure that running a direct ground would eliminate that as a potential issue. I have my dash camera and heated seats grounded at the passenger side speaker ground so I figured the drive side speaker ground would also work well.