Jbird, try taking it out of auto sensitivity. When I ran an elite 5 on the ice I think I had it around 55-60 for a typical jig in 10-15' of water. You'll get a lot more control this way and will be able to fine tune in your bait better.
If I remember correctly, my settings were something like this... Manual mode, advanced mode, set fishing type to shallow water, full graph view, scroll speed to fastest, 200khz, colorline 52, sensitivity 55-60 to start, set depth one setting above the water depth. I liked the graph view a lot, being able to see a short history of what the fish were doing was very helpful.. I just always fish with other people and the interference was unbearable.