The TCIL indicates overdrive cancel mode activated (lamp on), electronic pressure control circuit shorted or monitored sensor failure (lamp flashing). this is the bulletin I found. There is a problem in your unit.
This TSB article is being republished in its entirety to correct the vehicles listed.
ISSUE: Some vehicles may exhibit a flashing Transmission Control Indicator Lamp (TCIL) and Diagnostic Trouble Codes (DTCs) 62, 628, and/or 1728 may be stored in memory. These DTCs can be set by any internal transmission element slippage or potentially by torque converter slippage.
ACTION: Refer to the following text when servicing these codes.
NOTE : WHEN SERVICING A VEHICLE WITH A FLASHING TCIL WITH DTCS 62, 628 AND/OR 1728, DO NOT REPLACE THE TORQUE CONVERTER UNLESS PROPER DIAGNOSIS HAS PROVEN THE TORQUE CONVERTER TO BE THE CAUSE.
Always verify the customer concern. Proper diagnosis for DTCs 62, 628 and/or 1728 may require talking to the customer to find out if there were any other symptoms associated with the TCIL flashing, (i.e., shift concerns, erratic/early/late, proper torque converter operation, etc.), prior to noticing the TCIL flashing.
Prior to transmission repairs for DTCs 62, 628 and/or 1728 or investigating other causes, repair all non-related transmission DTCs first, then repair all other transmission DTCs other than 62, 628 and/or 1728.
Some of the other causes that may result in DTCs 62, 628 and/or 1728 are as follows:
Any vehicle system concerns that could cause the strategy to detect a perceived internal slippage or change in the expected rpm of internal transmission rotating components may cause DTCs 62, 628 and/or 1728 to set.
Can be replaced but the part is integral to your cluster. Highly recommended that you hire someone experienced in the replacement of this part I.E. Ford dealer to do this procedure. the milage has to be reprogrammed ect. i hope this answer helps you. I have researched this problem further than I had expected.