Mario,
I form wire mesh in a shape I try (not always successfully) to fit to an area, then get the mold wet and place it where I need it. I stake the bottom behind the mold with short rebar so it doesn’t kick out with the stucco behind it, and use a 2X4 brace to hold the top in place. I mix the amount of stucco I think it will need and leave it just a bit on the loose side so it will penetrate the wire mesh when I shovel it between the wire and mold, then tap the mold with a small hammer to get the stucco set in the mold as much as possible. As it starts to set up (usually an hour or so, depending on the thickness) I pull the mold off and work any surfaces that pulled out with the mold (or just plain don’t look right to me) with the point of a trowel, cutting different depths and variations so it doesn’t look so uniform. It is important to pull the mold horizontally away from the rock face or it will tear the damp stucco to shreds. After another half hour I hit it with a straw hand broom to rough it up a bit, pulling upwards so the small horizontal ‘cliffs’ keep their integrity as much as possible. The next day I start hosing it down, usually for at least a week to get the lime off of the surface so the paint will bond.
I try to do no more than 10 linear feet on a day that I do work on it so that I can manage the cleaning of it without killing too many brain cells trying to remember what is what.
The first one of the two latest pictures posted show some of the deeper cuts I put in with the trowel point.
Hope this helps