Is it possible to hookup a spoolmatic 3 to the 350 Pulse?

The spoolmatic plug has three wires, white, black and red. I believe the White and Black activate the gun trigger, not sure the purpose of the red one.

The 350 Pulse suitcase hookup plug has five wires, two 24 VAC (red and white) and three 120 VAC (Black, White, and green).

I have the wire diagrams for the spoolmatic 3 and the thermal arc welder if that would be helpful.

The amphenol conversion would be no trouble, just want to know if the wire hookup is compatible.

The spoolmatic leads measured 26.7 VAC; the 350 pulse 16.4 DC.

I assume this means they are not compatible.