As I recall Petronix uses a magnetic pickup. I've installed several for myself and friends but that was many years ago.
There is a metal star that goes over the distributor shaft (where the cam lobes are that operated the points) with fingers corresponding to the number and location of the cylinders to be fired.
There is an electromagnetic pickup mounted where the points were mounted whose purpose is to "sense" the presence or absence of the fingers. As a finger passes the magnetic pickup it induces a pulse which is sent to the triggering switch, SCR or MOSFET and fires it. The switch stays on until the backswing off the coil pulse, of reverse polarity shuts it off if an SCR, MOSFET shuts off when the trigger disappears.
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Today's Featured Article - A 1937 John Deere Unstuck - by Gary Hickman. Here is my story of how I got the pistons out of a 1937 JD B that the engine had been stuck for about 14 years: About 12 years ago my Dad gave me one of the tractors I ran as I was growing up on our farm in central Nebraska. The engine on this tractor, a 1937 John Deere "B", had been stuck for 2 years before he gave it to me. This last spring (1999) I hauled the tractor to our 2 acre lot in St. Libory Nebraska where it joined my antique machinery collection, at that time a 1929 Caterpillar T
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