You'll have better luck finding it by:
* Looking for a large, black rectangular box with numerous wiring harnesses connected to it. This is the most reliable visual clue.
* Consulting a 1987 Ford F-150 repair manual specific to your truck's engine. The manual will have a diagram showing the exact location.
* Searching online forums dedicated to classic Ford trucks. Someone may have already posted a picture of the location for your specific year and model.
Remember to be careful when looking under the hood; disconnect the negative battery terminal before doing any work near electrical components.