Overdrive light is flashing and tranny is slipping in drive and 2nd

the overdrive light flashing is just like a check engine light. you should take your car to a reliable tranny shop and have them scan for codes. The slipping could be the start of a serious problem.

Roger, that doesn't even make a whole lot of sense to me. If the overdrive is causing the transmission to slip, wouldn't it also cause the fuel mileage to go down? Are you sure the transmission is slipping? Or is the transmission simply shifting in and out of overdrive? If it is, is it shifting at the proper speeds? Driving at around 40 - 50 Mph will sometimes make the transmission go in and out of overdrive repeatedly. This can be perfectly normal.

Have you checked your transmission fluid level?

Is your overdrive off light flashing? If the transmission is actually slipping the OD OFF light should be blinking at you to let you know there is a transmission problem. Either that, or the Check Engine light will be coming on. In either of these cases, you need to scan your onboard computer network for possible fault codes.

For Automatic transmission problem,click the link below:----Overdrive light in the dash blinks? http://repairhelpcenter.blogspot.com/2012/01/overdrive-light-in-dash-blinks.html
--------- Automatic transmission troubleshooting:----

http://howtobyme.blogspot.com/2011/11/automatic-transmission-will-not-go-into.html

---------
Automatic transmission shift lever issues?-------

http://technoanswers.blogspot.com/2012/01/automatic-transmission-shift-lever-hard.html

-----------
AUTOMATIC TRANSMISSION FLUID LEVEL? --

http://schematicsdiagram.blogspot.com/2011/07/how-to-check-automatic-transmission.html

--------------

AUTOMATIC TRANSMISSION FLUID AND FILTER?

http://schematicsdiagram.blogspot.com/2011/07/how-to-change-automatic-transmission.html

-----------
Transmission fault light on car dash?

http://schematicsdiagram.blogspot.com/2011/12/transmission-fault-light-on-car-dash.html

--------
Transmission shifting problem?

http://schematicsdiagram.blogspot.com/2012/01/transmission-shifting-problem-on-toyota.html

--------
Transmission Slips out of 2nd gear?

http://repairhelpcenter.blogspot.in/2012/02/transmission-slips-out-of-2nd-gear.html

-----------
OD light flashing and transmission fluid leaking?

http://repairhelpcenter.blogspot.in/2012/02/od-light-flashing-and-transmission.html

----------
Why Transmission fluid leaks near radiator?

http://repairhelpcenter.blogspot.in/2012/02/transmission-fluid-leaks-near-radiator.html

----------
Transmission fluid leaking?

http://technoanswers.blogspot.in/2012/02/ford-windstar-transmission-fluid.html

-------------
****** wont go in reverse?

http://technoanswers.blogspot.in/2012/02/dodge-neon-wont-go-in-reverse.html

-------------
Automatic transmission will not go into reverse?

http://technoanswers.blogspot.in/2012/02/dodge-automatic-transmission-will-not.html

----------
Transmission is making buzzing noise?

http://technoanswers.blogspot.in/2012/02/transmission-is-making-buzzing-noise.html

-----------

This will help.

Thanks.

Yes it can be transmission issue,as per the problem.In this condition i suggest to you to go through the procedure mentioned in following help links.Click the link below and go through troubleshooting procedure to confirm the problem :-----Engine stumbles and shuts off in forward gear? http://schematicsdiagram.blogspot.com/2012/01/engine-stumbles-and-shuts-off-in.html-----------Transmission problem? http://schematicsdiagram.blogspot.com/2012/01/transmission-problem.html
---------Automatic transmission will not go into high gear? http://howtobyme.blogspot.com/2011/11/automatic-transmission-will-not-go-into.html
------------Transmission shifting problem on Toyota Land cruiser? http://schematicsdiagram.blogspot.com/2012/01/transmission-shifting-problem-on-toyota.html
---------Transmission Slips out of gear? http://repairhelpcenter.blogspot.in/2012/02/transmission-slips-out-of-2nd-gear.html
---------OD light flashing and transmission fluid leaking? http://repairhelpcenter.blogspot.in/2012/02/od-light-flashing-and-transmission.html
-----------Overdrive light in the dash blinks? http://repairhelpcenter.blogspot.com/2012/01/overdrive-light-in-dash-blinks.html
----------O/D OFF light flashes ? http://technoanswers.blogspot.com/2012/01/od-off-light-flashes-on-ford-explorer.html
---------While going in reverse mode Fuse number 27 blows? http://howtobyme.blogspot.in/2012/02/while-going-in-reverse-mode-fuse-number.html
---------This will help.Thanks.

You should not use overdrive unless you are steadily going highway speeds. I had one of those and my ex liked to use cruise control on windy coastal roads. This caused it to shift back and forth from 3rd to overdrive constantly. So I disconnected the cruise control so he couldn't use it. Lol. I'm not suggesting this for you. You should keep overdrive off for now and have your transmission serviced. New filter & oil & flush the cooler. Make sure you ONLY USE THE RECOMMENDED FLUIDS!!!!!!!!!! See if that helps. Do not use overdrive pulling a trailer and going up a hill and do not use it if you are on windy roads where you are slowing down alot of times. Try letting off the gas for a second when you do want to engage the overdrive. Remember to always check your automatic tranny fluid with the engine running and fully warmed up.

I’m happy to assist further over the phone at https://www.6ya.com/expert/kim_3202917d7c587455

When the OD light flashes in this truck it means a malfunction has occurred in the transmission, it usually will be due to excessive slippage of the transmission based on the signal of the input and output shaft speed sensors. Here is what you need to do is have the Transmission Control Module tested for the fault code or codes that was stored when the light starting flashing, it is doubtful the valve body is the problem based on my 30 years as a Ford dealer technician.

you ha burn clutch overdrive clutch you need to replace your transmission

I would start with replacing your tranny fluid. black is no good. your tranny should hold about 7 qts of fluid. The tranny fluid runs through your radiator to help keep it cool. If your thermostat is stuck closed your eng coolant won't circulate and the coolant will get hotter inside your radiator. thus making your tranny fluid hotter and breaking it down. After time it will turn black from getting too hot. Let your car warm up to normal operating temperture then grab your upper radiator hose. It should be very warm. If not your thermostat is stuck closed.

first thing i would try is changing the transmission fluid out and filter, i beleive its almost 8 quarts. use a full quart of lucas transmission additive with the new fluid. if this doesn't help, the transmission will either need replaced or rebuilt

The blinking overdrive button is telling u that a serious fault has occurred in the electronic controls or a mechanical fault such as excess slippage is occurring.