To use the binary, simply open the PerfMonitor.bin.zip link above and drag the contents to your machine. Simply run it from the command line without arguments for help getting started.
The source code should be unpacked into a directory BESIDE the TraceEvent 1.2.7 downloadfor the solution to build.
PerfMonitor was mostly just updated to track changes in TraceEvent and to harmonize with PerfView (I tried to make the command parameters the same when possible, and to act like a 'command line' version of PerfView)_. In particular it supports ETL.ZIP files. The recommendation, however is to use PerfView (bing it for download site). PerfMonitor is really just an 'exposed source;' version of PerfVIew that demos TraceEvent.
This new PerfMonitor uses the same 'SupportFiles' class that allows PerfMonitor to be a single EXE event though it needs various support DLLs internally (like TraceEvent, msdia100.dll ...). See SupportFiles in the source code for more. This is pretty useful for any code.