The correct fluid would be a Mercon or Mercon V equivalent. Mercon was the suggested fluid for a long time, but Ford has effectively superseded all Mercon applications to Mercon V, and now labels Mercon V as "transmission and power steering fluid" on the bottle. I personally haven't encountered any problems with that. These systems aren't that picky and should do fine on any decent Dex/Merc or Mercon V type of fluid.
Ford originally spec'd Mercon in my 2002 Ranger for the PS, even though the transmission spec'd Mercon V. I have been using Mercon V in the PS for years without issue. Original pump, original rack. The only repair in 13 years/178K has been 2 o-rings at the reservoir valve, which both come in a $7 seal kit for Ford pumps that you can get at Napa.
I do use Dex/Merc in my 1994 Ranger's PS pump rather than Mercon V, but I also use it for the t-case so I have it on hand anyway. If I didn't use it for something else, I'd probably just use Mercon V since I have plenty of that and it seems to work fine in this type of Ford pump.
Even though it's not likely to do harm, I probably wouldn't use Maxlife Power Steering Fluid with Stop Leak if I could avoid it. You can buy o-rings, teflon seals, hoses, etc separate, and this is not a complicated system at all. I'd rather fix the leak, if there is one, than treat the whole system for a leak.
If it were mine, I'd just top off or change out with a Mercon or V equivalent, wipe off the reservoir, especially where the hoses connect, and watch it. If you think it's leaking, remember to check the whole system. Fluid leaks near the reservoir will run down the hoses to the rack, and will also run down the pump bracket on the engine and drip on to the rack.