Hi and Wow I read all of that, thank you very much guys! I knew I forgot to mention something though, is that I have everything on there except for the moisture trap, ball valve (but I don't need it so), and, as Bick said, 2 adapters. I realize that the 2nd one isn't really needed, but I'm always a "rather be safe than sorry" type of guy, and especially since I read the other thread about having a 2nd moisture trap to be safe. I probably will follow Pawel's setup almost, and I see I don't need the NPS pressure gauge anymore, which is good, but just to make sure, the 2nd moisture trap I'm getting is this:
www.ebay.ca/.../271328574117
it includes 2 1/4 male BSP to 1/8 Male BSP
so that alone will be enough to stop the air coming OUT of the tank when not in use? In the new setup below? (A little too bad cause now that NPS gauge will be useless and on the side, oh well only $12 for it xD)
http://imageshack.com/a/img835/3836/2pc2q.jpg
http://imageshack.com/a/img839/8691/09yy.jpg
Once again thanks for spending time on helping me.
EDIT2: Looked and the closes Parker is 90 km away :( (I live in Canada), and there is a grainger nearby, so I'll check that out, but if they don't have the 2 adapters, I'll just order from a guy on ebay in UK who has everything :D
EDIT3: I don't need a check valve do I?