If you don't want to ditch the CF even temporarily, this is a decent approach. I assume that DL falls on the light squat day? You may fiddle with that--I might be inclined to DL on the med squat day (before squatting) to allow more time for recovery, but whether or not that's necessary, you'll have to determine yourself.
When you see you're seeing gains from CF, are you meaning strength/size? If so, keep giong, but if strength and weight are you real goals right now, you'll likely make much more progress really minimizing the CF temporarily and then bringing it back once you've reached your goals. There's another thread on here regarding that. I'll post a link when I find it.