The way that got me a very nice highly polished surface on a TE crank was as follows.
1. Make spacers or braces so that you can stiffen or block any bits that are not being machined. Tubal Cains book Workholding in the lathe shows this very well. Rigidity is key, especially as one is likely to be turning between centres.
2. Then with a nice deep and narrow parting tool, ground with a radius on each side and with a face truly flat, I machined each section down to about .002 oversize, but a little bigger wouldn’t harm.
3. Make up a dummy split bearing, and attach to a dummy conrod. coat each journal in turn with valve grinding paste, and jsut lap in with the lathe at low speed. You just keep tightening the “bearing” until it is exactly to size.You don’t even need to hold the end of the dummy conrod. I rested it on a bit of wood on the top of the compound slide. Better than holding it.,
4. Finish/polish with fine emery and oil.
Lovely and shiny, dead parallel.