I have pretty cheap equipment, including a budget compressor with a small tank and a moisture trap regulator.
It is the regulator that I'm struggingly with. The compressor manual is minimal and doesn't help at all.
I'll start with some pictures.




When I started it would run at 30 psi and when I tried to adjust this with the knob on the top the whole assembled unscrewed. I now realise that the pressure regulator needs to be pulled up before it can be turned independently.
But with it screwed back I can't get it to go above 10psi. The problem appears to be the hole on the side which I have highlighted in picture 2 with red arrows but you can see it better in picture 4.
The pressure gets to about 10psi and then air just floods out of that hole and pressure won't go any higher.
The hole is machined - so supposed to be there rather than a break.
I'm 99% sure there isn't a missing part and that I have reassembled correctly.
One thing I'm not sure is whether that red ring should be seperate to the black body it seems to be screwed onto.
I'm prepared to buy another but before I want to be certain that I need to and it isn't just something simple that I am missing.
Thanks for the help.
Cheers,
Nigel