What is Super Modulation?
This effect doesn't have any exact proper term but in easy words; it creates modulated wavy lines in the scene, you may have seen the visuals of it, an artist called polygon1993 is very popular who makes this type of art, generally it can be achieved using some custom hardware which you can plug and play in any CRT tv. But it can be acheived digitally in fusion using this fuse plugin.
PARAMETERS
Frequency: change the number of wavy lines
Density: adjust the modulated particle denisity
Line Width: change the width of the way lines
Speed: change the modulation velocity
Posterize: reduce/increase the number of colors
Alpha: change the overall blend
Mod Channel: change the modulation color channel.