Hi all,
I have tried all suggestions made here (thanks for all the input !), but the gremlin is still there. As per Tommy's suggestion I have set up a configuration with lower accelerations. I have added a lowpass frequency, tried different settings for that, to no avail. I have bumped up THC treshold to 8 and 10 Volts, to no avail. Halscope shows a reasonably flat line, as least as flat as I would expect when cutting 25mm thick plate (the Hypertherm works pretty hard on that !) Disconnected the ground wires from the THCAD, that doesn't make a difference, either while cutting or on Halscope. The THCAD got power from the computer power supply, which I suggest is has a nice smooth output.
The bloody thing can just cut along nicely, and just like that the torch goes up or down very rapidly, respectively triggering the float switch or causing lost arc. I mean, if the torch lifts up, it lifts up 15, 20mm very rapidly, in the blink of an eye. I cannot imagine the THC is responsible for that. It just seems that the Z-axis gets triggered by something else than the THC, but I cannot work out what that would be.
The frustrating thing is that it just happens so randomly, I can cut 1 meter without trouble and all of a sudden the thing plays up. Just when I think I make progress the thing decides to do its own thing. Just running out of ideas.
Cheers, Peter