First would be to remove the old wood on the scar, and trim the cambium to promote healing of the wound. The best tool for this job, Arbortech Mini Grinder.
Here is the after photo of the freshly carved area. Notice how the green cambium is now showing, and how I was able to remove the dead wood down to hard healthy wood. Also I used this opportunity to create some taper in the trunk. It was a large flat scar before, but now it is rounded and moves from wide to narrow. This should heal nicely.
When it comes to big scars I use one product (Cut dressing 6044) more than any other. I’ve seen this stuff work on old wounds where normal cut paste didn’t. It stays on, and slowly flakes off as the tree heals.
It helps to warm a small ball of it in your hand before applying. Then just spread it over the wound, and covering any exposed cambium.
At this point I am just trying to develop the trunk line, and some minor branches. This tree has a long way to go, but this should give us a great start.