A system and method for setting the slip of a torque converter for a plurality of selected engine speeds and transmission gears. The method includes populating a table off-line, typically using a dynamometer, with torque converter slips for a plurality of selected engine speeds and transmission gears. A speed sensor is used to measure vibrations transmitted through the torque converter to the driveline of the vehicle. The sensor signal is sent to an analyzing system where it is converted to the frequency domain. A separate minimum slip value for each selected engine speed and transmission gear is stored in a table so that during vehicle operation, a controller will instruct the torque converter clutch to set the desired converter slip for the current engine speed and transmission gear provided for a particular throttle position and/or engine torque.