Hi
1-The red Led, I think is just for 20mA and there were suppose to be the Led Laser.
2- The 1 ohm resistor is in the green led (try that with 470 0hms).
3- The shunt resistor looks like a 10 ohms instead of 1.
All other parts looks fine.
Try to adjust first with a dummy load (4 diodes in series 1n4001 for red or 6 for blue)
I put 1N4007 and also work.
And put a voltmeter in the Monitor to adjust. (for 1mV = 1mA)for the 1 ohm shunt.
And the presets for me work Idle for Max current and Main for threshold or idle

.
But I adjust it just perfect and work fine at the end.
I hope this help
Cheers,

Eduardo
BTW nice cutting.....