"weatherby"
Loud means that it is waisting air (valve stays open too long)

Not to have any doubts about your technical skills, but are you 100% sure that you started setting it up with the HST adjuster flush with the action?
Can't do any harm to start all over and try to setup it again

FX's can be a pain to set up sometimes. Good luck, I'm curious to whatever is causing this phenomenon.
I agree with most everything you have been posting here to help, but I am confused by the statement of FX's being a pain to set up sometimes. In my 54 years of air gun shooting, I have never encountered air rifles that are easier to setup and adjust than FX and I own four of them. My FX Boss sees 41 to42 shots per fill before falling off the reg. This is with filling the rifle to 250 Bar and shooing the 44gr JSB's. Do you know how much setup I put into my Boss? I fill it with air and shoot. I know everyone's experience can vary, but this is mine.