A basic review of hydraulics.
1 a pump moves oil it does not create pressure.
2. a valve controls how oil is directed.
3. In an open center system oil MUST not be stopped. If flow is stopped a big bang will happen wether a hose, pump, drive shaft, or relief valve.
4. The load applied to the system determines the pressure within the system.
5 for a load to leak down the cylinders are first suspect, valve second, and never the pump.
The cylinder have a seal on the piston between the ends of the cylinder. The piston moves and subjects
the seals to wear, so oil can leak from one end to the otherm with no oil leaking out of the cylinder.
The valve is sealed from leaking oil out of it by O rings, there are no internal O rings in a valvem the spools and lands are matched to assure a sealm oil finishes this seal.
6 A gauge placed anywhere between the pump and load will read working pressure. If the relief valve is activated it will read system pressure or maximum available pressure, If the system pressure cannot be attained then there is a leak somewhere, pump is shot, or the inlet to the pump is restricted.
7. It is normal for all systems to slowly leak down, there are no perfect seals. That said during operation it should be negligable.
8 There are valves made that use poppets to seal any oil returnm but they are very expensive and usually used on combines.
9 If you feel the loader cylinder are causing your leak down take a pipe, screwdriver short bar, etc and place it against the cylinder you will hear a hissing as the oil bypasses the piston. If you suspect the valve again use the "tool" and listen for a hissing of bypassing oil.