An automatic transmission changes gear ratios automatically as the vehicle accelerates or decelerates, freeing the driver from manually shifting gears. It has planetary gear sets to provide various forward and reverse gears, a torque converter to transmit torque like a clutch, and a hydraulic system with fluid, pumps, valves and clutches to control the gear shifts. The transmission fluid pressurized by the oil pump is directed by the valve body to shift valves and clutches/bands to smoothly shift between the transmission's 3-4 forward gears and reverse gear based on vehicle speed and throttle position.