Looser or tighter has nothing to do with percent slip, a looser converter means that the converter will achieve stall at a higher RPM, and tighter means it will achieve stall at a lower RPM. IMO most of the diesel converter builders haven’t a clue as to what a torque converter is really for in a drag racing environment. Most try and put as much clutch in the converter in the can as possible, and use it like a slider clutch, completely overlooking the abilities of a converter. As in my HP VS. TQ discussions ,hp is a constant figure you have from the flywheel to the tread of the tire, and everything in-between is used to manage this torque to achieve maximum acceleration.
First a torque converter is just that a torque converter ,its is a variable gear ration , and when it is not 1 to 1 it is multiplying torque , that’s right you feed in a given hp and get the same hp out but at a reduced speed , and now have greater torque at the out put shaft . now as to converter selections if you are going to use this as a drag race , pro street type then I would suggest having it stall where it makes power , keep in mind that as your power level goes up so dose the stall. I stall at peak power , around 4500 Rpms , as the 03 truck you have will not rev that high you might pick something a little lower , My suggestion would be to talk to people that have been building Drag racing converters for decades , COAN Engineering . I have talked to Jason and he has been working on diesel converters for a good while, you might be surprised who really dose the big name diesel converter for a few diesel transmission company’s. My converter locks up with in 3 % and it doesn’t have any clutches. Jason number is 765. 456. 3957
http://www.coanracing.com/