Theory of operation
In series thermocouple soldering iron have a thermocouple in series with their heating element and thus only have two connections (actually one more which is electrically connected to the tip for ESD purposes). When a voltage is applied to the two terminals the tip heats, when unpowered the thermocouple voltage can be read.
This controller uses a skipped variable puls modulation to keep the temperature of the tip steady. During the off period the thermocouple voltage is sampled and the temperature is calculated from that. The temperature is then compared to the setpoint and pulses are skipped when the temperature of the tip is higher to allow it to cool down. If the temperature of the tip is less a pulse is applied. When the temperature is near (approx. 5-10 degrees C) its setpoint shorter pulses are used to minimized the overshoot.
A powersupply capable of supplying 12-24VDC, 3A is needed to power the soldering iron controller. For maximum performance 24V, 3A is required. Connect the positive side of the powersupply to the +24V and the negative side to the -24V terminal. To use the ESD features connect EARTH to protective earth. The tip is grounded through this connection with a 1MΩ resistor.
The + and – connections from the soldering tip are connected to the T12+ and T12- terminals. If you got the handle officially red is positive, black negative and green tip. If the tip is connected backwards, the temperature display always states the tip is at 25 degrees C but it gets really hot. Please disconnect the power immediately and rewire the handle!!
When a solderinghandle is connected !TP and GND should be shorted too (all the magic should be handled in the solderinghandle connector). Optional there is a powerdown pin (!PD) which can be used to detect when the handle is placed in a holder. The temperature is set to 150 degrees when this pin is grounded. An optional 3V3 pin is available for powering your fancy handle detector.
Read more: 70W soldering iron controller