While in the discrimination mode and the coil is over clean ground ( NO metal present) try this: While pumping the coil a distance from one to nine inches above the ground simultaneously press the Phase Lock button.While doing so watch the lower left and right numbers on the screen. When both these numbers match then release the Phase Lock button while you are still pumping the coil. If you F5 is working properly it will then, for all practical purposes, be ground balanced.
One can get a little more precise ground balance if need be by using the ground balance knob/dial while in the all metals mode. Notice the difference, the above procedure requires you to be in the discrimination mode and using the Phase Lock button. Ground balancing in the All metals mode below doe's not.
To ground balance in the all metals mode: Turn the Discrimination dial all the way to the left to the All Metals Mod, again find clean ground, set the gain around 40-60 and the threshold to a slight hum (around 0/1). Start pumping the coil as above and turn the ground balance knob/dial until the bottom right and left numbers match. Note: If you turn the GB knob/dial fast the number on the left will change rapidly, if you turn it slowly the number will change slowly. Remember keep the coil bobbing while doing this. Also, if you turn the GB knob to the left the left number will go down, to the right the left number will go up. Go ahead and give the GB knob a quick turn, or more, and watch how the numbers change more rapidly, but much slower if you turn it slowly. When you get the two left and right numbers to match you'll notice the threshold is near constant as you pump the coil, but likely not quite perfect.
Now is when the manual ground balance really comes into play. If you listen carefully you'll notice that it's possible to slowly turn the GB dial without changing the matched/balanced numbers and yet it still influences the audio ground balance while pumping the coil. At this point you can, by slowly turning the GB dial one way or the other to fine tune tune the GB to the point were there is no discernible difference in the GB audio/threshold as you pump the coil.
Hope this helps more than hinders. HH