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The Wireless settings entry has four additional options: Channel, Firing group, A:B firing ratio, and Group C exposure compensation. I’ll explain each of these in turn.
Canon’s wireless flash system can work on any of four channels, so if more than one photographer is using the Canon system, each can set his gear to a different channel so they don’t accidentally trigger each other’s strobes. You need to be sure all of your gear is set to the same channel.