Re: mercury outboard trim tilt problem
That setup is 2 tilt cylinders and one trim. The lowest movement is with the trim cylinder engaged (slow moving but lots of power for trimming pressures) whereas when you get up to 20 degrees (Merc says 20 but they are divided fore and aft of the engine vertical position....don't know the exact numbers; anyway some distance up or out from vertical) the trim cylinder is bypassed and the tilt cylinders finish the job all the way to the top. The tilt speed is faster in the tilt only range because the volume of the trim cylinder is not in the loop. However, there is a pressure bypass on the tilt system and if you have trim above the trim angle max and go faster than idle-slow speed range, the bypass will open and the engine will will be driven down to the top of the trim range and stay there till you toggle the switch again.
I had an '84 with this arrangement, but that was years ago. Currently I have a manual covering 97 models "and up".
Your fill procedure shouldn't be that far from this: My current manual says(which should be the same as yours as there really was no reason to really change this part of the design) to raise the engine to the full up position.....trailer button probably does this.
Somewhere on the motor/pump gearbox that drives the hydraulic pump, probably close to the bottom of the pump part of the combo, should be a rather large (roughly 1" OD) threaded plastic cap. Remove the cap and check/fill the oil level. Full is even with the bottom of the fill hole (for a vertical plug and probably bottom of the threads for a horizontal one). "Fluid is Quicksilver Power Trim and Steering Fluid or regular automotive ATF." Cycle the system several times (slowly to give any bubbles time to dissipate, especially at up and down limits) after filling to force out any bubbles (little noise makers).
Noise to me would be cavitation caused by a low oil level in the reservoir as achris mentioned. I think you check it with the engine in the full up tilt. I will go out to the shop after while and look in my manual to tell you exactly with location of the fill screw, fluid to use and full level.
I looked in the troubleshooting section of my current manual and there were no recommendations on combating noise other than what I said about fluid.
Mark