As a guitarist I’ve always loved tremolo pedals, which modulate volume rhythmically.
Ableton’s Auto Pan does this perfectly. You just to set Phase to 0 to affect volume instead of panning. This preset does it for you:
You can change the shape of the modulation from a smooth sine wave to a more abrupt square wave, change the phasing (when volume starts to go up or down) or whatever else really when you start racking with other effects. This is my go to rack for tremolo and chorus for guitar and keyboard:
Tremolo + Chorus [jethroe].adg
Here’s a little master bus effect rack for Live 8 that I put together. This is the one used in the APC40 video. Thanks to Ableton user joesapo, I used some of his effect racks as components in this one.
Fade to Red uses Live 8’s new modes for the delays, for some nice dubby delay, similar to an Electro-Harmonix Memory Man.
Note: edited on 9.3.10 to fix the delay mode to fade on one one of the inner delays. This is so it doesn’t crackle when slaved to a variable tempo…like say, The Bridge ;)