Ok here's the report...
Today I finally got the transponder ( GTX 327 ) to work properly and here's my set up..
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To Jake and Dynon Support
Today I checked the setting on my GTX-327 and here's what I have
My GTX-327 is connected to Serial port # 2 using the provided SV setting for a GTX 327.
Now here are the setting on the GTX itself.
RS-232 IMPUT OUTPUT
CHNL 1 # OFF Remote
CHNL 2 # ICARUS ALT 100FT ( Remember txpr to serial # 2 )
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RS-232
CH1 # OFF + _ _ _ _ _ _ FT
CH2 # PALT -100_ _ _ _ FT ( Field elev:140', alt: 30.20 ) so it match with the -100ft (29.92) shown on the txpr.( reading taken on the ground )
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I went flying and cross-checked with ATC and the Mode C was perfect..
Problem solved..
Thanks everyone for your help and feed back, it was gratly appreciated.
Cheers
Bruno