Pick the board, enter the address, set the switches. Or click the switches to read one.
S1 (1) + S3 (4) + S4 (8) = 13
S6 ON + S7 ON → 38,400 bps · S8 OFF → no encryption
Before firmware 1.38.1, S6 and S7 both OFF is 2,400 bps. S8 encryption is undefined before that firmware.
Source: Mercury PLT-05248 Rev A.5, "MR52-S3 Reader Interface Installation and Specifications", switch table p. 11 (§2.8); termination p. 6, p. 10. Open install guide
Each module on an RS-485 bus needs its own address so the controller knows who is talking. Mercury boards read that address from switches 1–5 as a binary number.
Every switch has a weight that doubles: S1 = 1, S2 = 2, S3 = 4, S4 = 8, S5 = 16. Turn on the switches whose weights add up to the address. Five switches give 32 addresses, 0–31.
The rest of the bank is not address. On MR52-S3, MR16in-S3 and MR16out-S3, S6 and S7 set baud rate and S8 turns on encryption. Termination is a separate jumper on each board.