Re: Visual indicator of NVDA cursor location?
Yes, there absolutely is.
Prior to version 2019.3 one can use the Focus Highlight Add-On. See: Focus Highlight
on the NVDA Add-Ons Page.
This functionality appears to have been pulled into the NVDA core functionality as of 2019.3. If you open NVDA Preferences, Settings, Vision and tab over into the pane you'll find the Focus Highlight functionality there, with checkboxes for what you wish to have highlighted. NVDA+N,P,S,V then Tab over into the dialog.
Brian - Windows 10 Pro, 64-Bit, Version 1909, Build 18363
Power is being told you're not loved and not being destroyed by it.