My response:
Absolutely. The law always favors settlements, at any time. If you and your ex can hammer out, and sign an MSA, then all that needs to be done is to present it to the judge for final approval, and voila - - you're done.
Because public policy encourages settlements, courts generally have an obligation to accommodate litigants whose settlement hinges on some sort of judicial action, such as a stipulated judgment. [See Neary v. Regents of Univ. of Calif. (1992) 3 Cal.4th 273, 278, 10 Cal.Rptr.2d 859, 861]
So, at the Status Conference, you or your attorney will merely announce to the court the "status" of the file - - that the parties are ready to settle, and may require the fine tuning of a judicial adjustment to the MSA. The court will gladly accommodate you for that purpose by reviewing the proposed MSA - - especially since all of you are there to "sign on the dotted line."
IAAL