I took my transmission pan off an on the magnet was 2 broken metal rings it is a 97 dodge ram 1500 5.9 4+4 i thank the trans is a 46 RE

This round magnet is supposed to stay in the bottom of the Transmission pan to catch any metal flakes, shavings that may exists. This magnet should be cleaned, and replaced into the original spot in the transmission pan where you found it.

I’m happy to help further over the phone at https://www.6ya.com/expert/jeremy_69f3cc28d95bf514

Assembly of converter to trans and then tunit to engine? The torque converter must engage and slide into the front pump. The seal is easily damamaged if not properly fitted.Once the trans is against the engine the converter can be slid forward to bolt the flex plste.There should not be more than approx. 1/4 inch between the converter and trans bell housing if the converter is properly mated to the trans. Good Luck, Ned.

Most of the problems are caused by the converter. You must replace the converter when rebuilding or replaceiong the transmission. I knoe because I have several and that is the main problem, it goes out and damages the trans. I go with a heavey duty or bullit converter. I have several dodge rams with well over 300,000 miles anddo a lot of plowing and towing. I would order a heavy duty over the internet, not use the standard. Check with www.transmissioncenter.net or http://tpiconverters.com/

should be inside the trans have to drop the pan

just drop the transmission pan to drain it and the filter is right there in the valve body,DON'T mess the band adjustment,they are only to stop the planetary gears so you can go into reverse,there is no such thing as adjusting bands! that went out with the fifties!

I suggest it would be a good idea to remove the transmission for inspection before possible extensive damage occurs.
While it may drive ok for a while, it is likely it may fail under certain load conditions.

how does the trans fluid look?at proper level?it sounds like the front pump in trans is starving for fluid..filter may be plugged..does it shift ok?any fault codes?i would check these things and probably drop trans pan to see if any debris/dirt/metal in pan indicating an internal problem..i hope this helps

switch is just above trans pan and below shift linkage requires a thin (crome 1" socket) to remove

I also have a 97 Ram that did the same thing. First thing to do is add a trans cooler and remove the rubber lines at the radiator. If you feel the truck takes off in 2nd gear you need to replace the transducer and governor pressure switch inside the trans pan on the pass side of the valve body.

I had the same problem with my 96 Ram 1500. I thought I was going to have to pull it out and get it rebuilt or just replace it. That was at 134,000Km it's now got 210,000 and shifting like a dream. What I did to solve the problem was this, as follows:
1. No lucas transmission Fix makes things worse.
2. Get your self a new transmission filter and gasket
3. Grab Gunk transmission medic 12oz
4. Grab 7 Liters of Valvoline ATF+4 transmission fluid (Made for chrysler transmissions)
5. Drop the trans pan and drain all the oil, clean pan and magnet
6. start truck for 5 seconds and the pump will pour out another 1 liter
7. re-install filter, gasket and pan, then add your Valvoline ATF+4
8. Add, the valvoline, transmission medic and make sure you have the right level of fluid

That solved my transmission problems, instantly it was shifting better, I no longer had to let off the gas to make it shift. Now if you have large pieces of metal on the magnet, and it's totally covered in filings, you might want to consider rebuilding the trans. My magnet had usual clutch.         

Anyhow good luck, let me know if it did the trick for you.
Justin