David , If you are getting moisture or water in your paint, your plumbing system is not effective for removing moisture from the air lines ! Refer to the Sharpe Spray Gun Company standardized shop plumbing guidelines , I'll summarize: you need at least 25' of a METAL line between your air compressor and your first water trap ., The line purposely flows continuously downhill for the entire length then a 90 down to a dead end section 4 ft. long or so with a drain tap in the bottom. 18" above the drain a Tee is installed the feeds air to your first filter. Without the 25' straight length ( not up and down) the air does not have enough time to cool and allow the moisture to condense out of it! The dead end drain allows the water to collect in the drain and not be forced through your filter like you are doing now ! With your system , when you are painting , air will not flow through that elaborate system you have , it will flow directly downward 6-7 feet only , directly into your water trap , oversaturate the trap and exit out the end into your spray gun. From your diagram the air is flowing directly down to the water trap , not 10 feet from the plastic line! It isn't a wonder you're having problems.