Hi Tony,
If it's Kent's standard Lugol's Solution, you'd be using 40 drops to the gallon to make the dip, and dip for no more than 15 minutes at any time. This addresses a lot of pathogenic microorganisms that likely complicate the coral's ill health, but also whacks good bacteria the coral actively 'farms' for food in its mucus.
As far as the algae is concerned: the iodine may have limited effect. Is this really a case of algal encroachment, or of coral tissue recession --with algae merely taking over the vacant real estate?
If it is tissue recession, the issues are almost certainly nutrition and disease.
Getting your coral more nutrition is a given. Coral can and do trap microorganisms in their mucus or with tentacles ('gastrozooids' for Millepora 'fire corals') for ingestion, over and above the nutrition provided by zooxanthellae from lighting.
The iodine interrupts this foodfest, as it decimates any good bacteria being 'farmed' by the coral in the mucus.(Admittedly,'fire' corals are less known for this, and are more focused on grabbing snacks straight from the water).
But if a suspected infection is severe enough to cause severe tissue recession, then you bite the bullet and dip.
So, if you resort to iodine, make sure you also ensure sufficient lighting, and avoid excessive disturbance to the coral as it rebuilds itself and its mucus farm
Good luck,
horge
A description of your lighting, and general setup might or mght not help. Moreso, a detailed description of the symptoms and how they progressed.
[ 03-28-2001: Message edited by: horge ]