my brother-in-law has an 98 (4 X 2) automatic w/ a 5.4 liter engine. He's having a hard time getting an answer to this question. Does Ford require a specific brand or type of fluid for this tranny?......
No such thing as MIII. You probably mean mercon/Dexron III.
It also can depend upon what fluid was put in there before (some elec trannies were retrofitted with MV for shudder control issues, even though they came with Mercon).