You would have to change a few things to make that work. It's ok if a tiny bit of water goes down the emergency overflow.
I just watched the video on youtube about your tank and the drains are too high.
The top of the emergency drain should be approximately level with the bottom of the weir teeth. The other drain should be a full siphon drain controlled with a valve.
The tank in the video had the same water level in the overflow box as the tank. If you do that you get what is happening to you. Minor changes in the water level of the overflow box are actually changing how much water is in the tank. You have no control.
If you dont want to mess with the stock stuff get a piece of PVC pipe that fits in the bulkheads in the overflow box.
Turn off the ATO
Turn off your return pump. Careful you dont overflow your sump. Your ATO has been adding extra water.
Open the valve on the overflow all the way.
Cut a piece of PVC pipe so that when installed as the emergency drain it is slightly lower than the bottom of the weir teeth.
Take the stuff out of the other drain, the one with the valve from inside the overflow box. Leave it out for now.
Start the return pump. Water should fill the tank and enter the overflow and go straight back down through the drain with the open valve. Probably very noisily. Slowly close the valve. At some point the water should start to rise in the overflow box. It may surge a bit. If it does close it a tiny bit more. You want this drain to go to full siphon and purge all the air. Now you have control of the flow through the box with the valve. Close the valve in tiny increments until the water rises to the level of the emergency drain. Let a tiny trickle go down it.
You should have a correctly functioning silent overflow at this time.
You do not want an emergency drain that is so high that it backs up water into the display before it works.
If you want to change the level a bit in the overflow you put a new piece of PVC in the emergency drain, either longer or shorter. This will give you control over the water level in the overflow box and at the same time the water level in the display tank.
Where you want it exactly will depend on the weir teeth and how big your return pump is.
Gee, that's a lot of words.
In short. You want 98% of the water to go dawn a full siphon drain with a valve. The other 2% goes down a standpipe that also sets the water level in the overflow box.
Like this. Except I have 2 full siphon drains and 2 emergency drains. Lots of water flows through this box
The 2 drain version on my 75 gallon tank