Hello Friends,
Here is the feedback of the Busch Infrared sensors (5720 and 5962): It works absolutely fine

!
Except I had some trouble at the beginning of the setup:
-The first emitter / receiver didn't work at all ???
-After many tries, I used a lamp directed to the receiver, and miracle, the sensor on Rocrail was lit
-My first conclusion, was probably the emitter was defective or the IR beam was too small
-As I have also the bigger sensors (5962) available, I installed a pair of them to replace the small sensors... and exactly same result, nothing !
-And finally, I decided to swap the 2 wires connected to the emitter... and guess what: it works !
-Then I reinserted the small pair of IR sensors, swapped the power on the emitter, and it worked like a charm
Just a few minutes ago, I've found the explanation:
-the 16V AC power coming from the big accessory transfo is connected to 4 Viessmann rectifiers 5215, at various places of the layout. Each rectifier provides around 22V DC
-many Viessman LED lights are already connected to the rectifier, and correctly wired and never had trouble and respecting the color code (Yellow and brown INPUT become respectively green(+) and white(-) OUTPUT - my own color code)
-except when reading (again) the 5215 doc, it is clearly stated that the green and white have the polarity inverted, i.e. the + is white and - is green... Final explanation !
As a result, the schema provided by LDT is correct regarding the emitter (and of course the receiver connected to a RM88).
I've put a 1K resistor on the emitter, and no issue.
End of the story !
3 pictures:

First small set of 5720 IR sensors. They stay on the layout with a bit of yellow glue pad

2nd set of sensors, with same trick

Overview of the new siding track connected to the TT.
Now I plan to add a motorized water crane Viessman 5132 besides this track. That will be a bit difficult to drill because there are many wires below...
Follow-up with water crane in the Trossingen III thread, I hope before the end of month
Cheers
Fabrice