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If you use something other than SP or LV, you should do a full heated flush so you aren't mixing different fluids. Only about half the fluid comes out when you just drain and refill.
If you use a fluid that doesn't have a MERCON SP or LV rating also plan on replacing the transmission. This transmission is VERY sensitive to the right fluid.
Valvoline Maxlife specifically says that it is appropriate for SP systems. Personally I do not like the idea of seal conditioners, but folks are using it.
Even though I know of a person that has used a Royal Purple transmission fluid for 3+ years and has had ZERO issues, I am retracting my statement on it since their web site product brochure says it is NOT recommended for SP / LV systems.
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.