Lifted from a post a long time ago, I believe on the previous site, now referred to as "Brand X". Actually two posts.
Here is a little history as to why we do it by voltage.......
By DieselDon
The TP (FIPL) sensor is incorporated to provide an electrical signal, which is proportional to the amount of fuel being delivered, as an input to the Transmission Electronic Control Assembly (TECA) Based on this information, the TP (FIPL) provides the proper shift scheduling and torque capacity.
Should a malfunction occur in the TP (FIPL) sensor circuit, the electrical signal sent to the TECA will be recognized as erroneous. When this out-of-specification signal is detected, the TECA will provide a high-capacity operating mode that protects the transmission from potential damage. This operating mode includes maximum TV pressure, resulting in harsh upshifts and engagements and a singular shift schedule regardless of accelerator pedal position, resulting in the 1-2, 2-3 and 3-4 shifts occurring at a speed commensurate with a heavy (but not wide open) throttle setting.
The Ford shop manual has a procedure to set the FIPL sensor. It's fairly long and required a special guage block and the use of the Super Star Tester ( early scan tool ). I decided that this was not what the "field" needed so I called the Ford Hotline and they gave me plain and simple voltage readings at closed throttle and WOT. MUCH easier.
Closed throttle voltage = 1.1V
WOT min 0f 3.8V not to exceed 4.3V
You definitely don't want 5V at WOT. PCM would read this as a short between Reference Voltage ( 5V ) and FIPL signal and go into failure mode.
Hope this helps.
Don is a valued member and is now contracted by Ford to fix a major part of their mistakes and suggest fixes on the new 6.0.....
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This is a post by DieselDon I have taken the liberty to trim slightly....... Hook up the negative lead of the volt meter to the battery ground and the positiove lead to the center GY/W ( grey/white wire which is the FIPL signal wire), I use a paper clip up the side of the wire in the connector. The FIPL must be attached to the wiring harness. Engine low idle speed must be set to specs prior to adjusting the FIPL. Engine off key on........ With a warm engine, key on, engine off measure the voltage at the GY/W wire, if adjustment is required loosen either the bracket with bolts or just use the slack in the Torx screw holes. Now gently rotate the FIPL until you get some where between 1.05V and 1.1V. then tighten the torx screws or bolts which ever you loosened ensuring no movement of volt setting . Rotate the throttle lever to WOT see if you get 3.8 V but not more than 4.3 V. The FIPL mounting bracket can be moved but ensure it is centered for a good rotation. Any adjustment should be made by only rotating the FIPL. If a new FIPL is required, check tang engagement as you take off the old FIPL and then make sure that the tangs in the new FIPL engage the throttle lever properly. The closed throttle voltage: 1.1 V, .........wide open throttle voltage: minimum of 3.8 V but not more than 4.3 V.
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It's actually pretty simple, once you understand the process. I did mine on Monday. Took about fifteen minutes.