The Default Queue Discipline option uses whatever is setup on the main QoS page. If you're still running 384 firmware, this could be sfq, codel or fq_codel. If you're on 386, it means only sfq. So if you hate your performance under 386, it could be due to losing fq_codel.
If you choose the experimental fq_codel option within FlexQoS, you replace some of the standard ASUS Adaptive QoS hierarchy (htb + htb + sfq) with htb + fq_codel. If it doesn't work well for gaming, set it back to Default. I don't play games, so I have no experience with how it might impact your jitter or not.
There are known issues documented in the 386.1 thread about Adaptive QoS not starting properly on certain models. Be sure you're not a victim of that problem. I've not noticed it myself, but if you can't get vanilla Adaptive QoS working on 386.1, FlexQoS isn't going to solve underlying firmware problems, since FlexQoS relies on Adaptive QoS working properly.
If you have real problems and want advice, please provide some data. If it's a script problem, the output of flexqos debug might point it out. Or syslogs showing FlexQoS startup.