CO2 does not get rid of algae. It helps the plants grow at a faster rate, which robs the algae of nutrients. The object is for the plants to take over the tank. Sounds like you have plenty of plants.
Floaters are important for shade and their ability to help the established plants in the substrate. They are also relatively cheap and can be removed once the tank is balanced. You are running a ratio of 4.5watts/gal. This is very high light and with that light comes algae.
Do a series of 50% water changes(every other day) for a few days and keep scrubbing your plants.
See the sticky on the top of the plants page regarding fertilization. You need to dose, N,P,K and Traces and get an effective CO2 system going. Discontinue the Fe at this time. It will only throw your system further out of balance.
All of this should be started concurrently so that they will all affect the tank at the same time.
Yes, a CO2 system will solve your problem, but not without the ferts and water-changes. It all works together.
DIY, IMO, will not be effective in that size tank. Especially with a filter that causes a lot of surface disturbance. You want the CO2 to be absorbed into the water table and it is being gassed off by your filter.
There will be some lag-time until you get your pressurized system up and running. You could up your DIY to four 2-liter bottles and if possible, turn the HOB filter down to a lower flow rate to reduce gas off. This will help some, is not a viable answer for you in the long term.
Do you have a reactor in the tank to disperse the CO2?
Here is a reasonably priced tank and regulator. It's the one I use and am very happy with. The only other thing you'd need is a needle valve to meter the gas into the tank.
http://rapidswholesale.net/Merchant2...uct_Code=BD435
If you have access to a tank locally it would save you some shipping costs, and especially if you can pick up a 10lb tube locally, it would last longer between fillings.
Rapids sells the regulator by itself for, I think $45-50. Check around.....that's a decent price and it's a good regulator.
Len