The optimal RPM depends on a lot of other variables such as the weight of the plane, line length, airfoil, wind conditions, etc. But I think we can get you in the ballpark. The Banshee has a relatively thin airfoil so it may have to carry a little more speed. I have 2 planes setup with a KR Timer. One of those is a Trophy Trainer with a Cobra2826/930KV motor, 61 ft lines, weighs 47.9oz, 11.5x6 prop. The RPM is set to 8,800 which gives a 5.2 sec lap, and good line tension overhead in up to about a 6mph wind.
I would suggest you start with more RPM than you need and work down. Say start at 9,200. Then keep working down until the overhead line tension starts to fall off. (Keep in mind that a lot of other factors influence overhead line tension).
I have a 14 pole motor so 1 button click on the programmer changes the RPM about 100. Yours may differ. On windy days I usually go up a few 100.
I think it’s fine to set the gain at 1 and work up from there. In my case I settled on 4.