I am using a Badger dual action AB with a 6 bar diaphram compressor. I was using an acrylic based paint though it didnt look as "transparent or clear" as I thought it would. I was considering the Finisher's GP1 Polyurethane paint for the reflector but it's a little costly.
Were you happy with the results from your airbrushing?
Your setup should be okay but I wonder about the compressor. Do you get pulsations with your pressure? I currently use gravity-feed Iwatas & a Silentair 20A but even with my earlier setups I still always went with a some form of air reservoir (i.e.- tank) to smooth out the pressure.
For acrylics, I used to only use Tamiyas but for clear I use something MUCH cheaper. I use "Future floor shine". In the hobby circles, it's well known to be a 100% acrylic paint. There is no need to thin the ratio of your mix when using Future.
I was happy with my results but, I've had a good amount of practice with overcoating with Future.
Also, I recall diaphram compressors only going to about 30~40psi. You didn't mention if your badger was a siphon/bottom fed, side fed or Gravity/top fed. For side fed & siphon airbrushes, 30~40psi from a diaphram compressor might not give the best results.
However, try to increase your spray distance or thin your mix just a tad. But do try using Future. I've tried much pricier mediums with less desirable results.
Hope that helps,
AZ