Have Ford Questions? Ask a Mechanic for Answers ASAP
Hello, I'm Chris.I will do my best to answer your question fast and accurate using the info you have provided. Thanks for visiting Just Answer.
A flashing overdrive light is a warning indicator from the computer telling you there are trouble codes stored in relation to the transmission which can be seen when using a scan too. The codes will help in diagnostics to help you determine if its a simple concern like a solenoid which is bad or a concern with the pressure being a valve body gasket blown out. More than likely its going to be an internal concern which a clutch piston slipping from worn seals or a band not holding from a servo piston seal worn.
I hope you found my answer helpful, please click on the GREEN ACCEPT button above for my answer (EVEN IF YOU ARE A SUBSCRIPTION MEMBER). This is necessary for me to be paid for my work and so that I can get credit for assisting you. Your question will not close, and you will still have the opportunity to follow-up if needed. Leaving a bonus and positive feedback is not required, but doing so is certainly appreciated!
Please remember this is a dialog if you have follow up questions please use the REPLY button and ask. If you have additional questions, please keep in mind that I do not know what you already know or don't know, or with what you need help, unless you tell me. Please consider that I am answering the question or question that is posed in your posting based upon my reading of your post and sometimes misunderstandings can occur. If I did not answer the question you thought you were asking, please respond with the specific question you wanted answered.