If you look at the tutorial video again, I have the video set up for B&W. A Circle passes over the video that's in Full Color much like your circle displaying the truss in the scene.
Star 2 is an Effect. Only Effects have access to "Effects Masks" (the Color Mask and Shape Mask options). When you add a shape mask to the Star effect, by default, only what's inside the Mask region is visible (partially visible inside the "Feather" ring). These "onscreen controls" for the shape mask are very much like several onscreen controls available with Filters in Motion.
The actual Shape controls for a mask have 4 green dots around the circumference. There's an extra control at the top edge that if you drag it out, the shape turns into a square. Although there is a center point (very small) onscreen control for the shape mask, you can actually click anywhere inside the mask region to move it in the viewer.
By animating (keyframing) the position of the shape mask, you can show and/or obscure the Star (anything in any effect that has Effects Masks).
In my tutorial video, I use the Full Color circle as the same thing as your reveal circle. I match the outer edge of a Shape mask to the Edge of the "reveal circle". I demonstrate how to keyframe the Shape mask to pass over the Star to reveal it while the full color (reveal) circle is passing over the star. As it leaves the star, I follow the shape mask on the other edge.
The Amount, Frequency, and Rate of Change are just parameters used to animate the size of the star and have nothing to do with it turning on and off.
If you're not using the Shape Mask, you turn the Star on and off with the Opacity parameter -- 0 for off, 100% for full on. In general, turning it on and off would be setting the opacity to 0, move the playhead one from forward and set the opacity to 100%; move the playhead again to the frame just before you want to turn it off, set a keyframe manually on that frame, then move the playhead one frame forward and change the opacity to 0 again. However, since you have a circle reveal that moves, if you turn on and off the opacity, it will not look quite the same because you have to change its state inside the circle reveal instead of letting them "pass" into and out of the reveal as if they are "always" on in the "other world".
Try not to overthink this — it's a lot like learning to install a template — once you do it, it's "not a thing" anymore.
By the way, Amount, Frequency and Rate of Change **all** have to have non-zero values in order for any of them to work. By default, the only one of the three that has a default starting value is Rate of Change. Start by cranking the Frequency up to 100 then start adding Amount. You can type the / key to make the clip you have added Star to play from the beginning and repeat when it gets to the end, so you can keep adjusting these parameters to get the look you want.
HTH