Wiring for a engine stand

No, not right. I thought you were going to use a relay in the starter solenoid circuit? But the important thing is the brown coil wire can NOT be connected that way. The original IGN2 "bypass" circuit is a separate "switch" or contact in the ignition switch so it is isolated. They way you have that, the starter solenoid will pull a drain on the coil power and "drag" it down