So just to verify, the wires going to the IGN1, 2 and 3, is the 5V "trigger wire"?
yes this is correct, ign 1,2, and 3 are the ignition pairs "wasted spark configuration" each pair needs a signal or "trigger". So in order to do this we need to wire 2 coils into parallel then a trigger wire to tell them when to fire....
and the wire that goes to the 14V (relay) is "constant" power?
no the 14V is ignition, that way your coils arent on 24/7 "draining battery and possibly burning up the coils" also the relay should be a fused relay at best. If not that you could probably do a circuit breaker to normally open relay "not 100% if that necessary" but a simple fused relay wired to ignition source "to close the relay switch on ignition" and the other side of the relay is wired to constant 14v, this side will feed power to the ls2 coils, the reason for the relay is so you dont starve power from another source, risk overloading a circuit, plus you can make sure you have an adequate wire gauge to provide the amperage flow.
And one more, why is there two ground wires? This is no "trigger" wire, right? Just to remove "noice" or what?
The reason for the 2 ground wires is 1 wire is ground from your stand alone "sequencer", this combined with a body ground will help cut back false feedback that could possibly lead to incorrect firing of the coils and also probably the feedback noise you will hear in our radio
..... I'm not 100% on this either but from my understanding that's one of the main reasons. The other is to make sure that you have a good ground
My electrical is a little rusty so if anyone see's I said something wrong or there was more information please chime in. I learn more myself everyday or get reminded of something I forgot