Here is one flight video
https://plus.google.com/+JSMammen/posts/EqG2g44hnin

Looks like I am trigger happy on throttle, and the quad really takes off.

What parameters should be changed in kk to reduce throttle sensitivity?

Firstly when you go to fly, pick a proper wide open area to practice. A place where there are no people and nothing over head like trees or power lines.
Secondly you need expo on your throttle to dumb it down so you can control the altitude.
Congrats on the maiden and keep practicing.

@ashimda, thanks for advise. I am trying my best to avoid people and other objects but in my locality its almost impossible.
I am looking for an open area near Kondapur, Hyderabad. If anyone know any open space near by, please ping me.

I am getting an error in sensor test when I tilt the copter.
Am I supposed to tilt it while testing?
Attached screenshot.