i dunno what exactly you mean by calibrating your EGT.
when you use an EGT you need to find a benchmark temperature where your engine is running the right AF ratio that you set. because EGT sensor probes are placed in different places in different cars, every setup will have a different temperature benchmark.
so lets say you dyno the car and aim for a preset AF ratio. your tuner will then tune the AF ratio all thru the rev range. then he can tell you that u are running the chosen AF ratio at X temperature. so when you drive hard you will always want to see the EGT at X temperature. if the temperature goes up or down from the target temperature, X temperature, you may have a problem.
is that called calibrating the EGT?? or do you mean something else?