Ok, I've spent most of today trying to improve my rendezvous method. Unfortunately, Rendezvous MFD doesn't seem to want to give me a low dv solution for both ends of the transfer so I've tried the equation on OrbiterWiki's Rendezvous topic.
I only use part of Rendezvous MFD's functionality. I don't know whether it will help or confuse the matter, but in case it helps, here is what I do for Rendezvous.
Get into a parking orbit that is 'below' the ISS and align planes to 0.00° RIinc. To minimise the Δv requirement, most of the alignment should be done with your launch trajectory.
Perform a burn to raise the apogee of your orbit so that it
just intersects the orbit of the ISS. An easy way to do this is to open up OrbitMFD and SyncOrbitMFDs. At the start, SyncOrbitMFD will show no intersection with the ISS. As you burn prograde, watch your ApA in OrbitMFD until it is getting close to the height of the ISS, then start watching SyncOrbitMFD. As soon as SyncOrbitMFD is showing an intercept, kill your engines. Your ApA will be just intersecting the orbit of the ISS, which means that at the point of intersect, you will have almost zero vertical speed
and be at the same altitude as the ISS. The aligned planes mean that you will have zero lateral relative speed to the ISS as well - very handy for Rendezvous.
Watch SyncOrbitMFD and time-accel until you are getting close to the ISS, then switch to RendezvousMFD. You'll need to understand how RendezvousMFD works. Watch RendezvousMFD (and update it if necessary) and wait until you get to the final apogee that will have you 'behind' the ISS. When you burn prograde, you will raise your perigee, thus increasing your orbital period and 'pulling back' the next apogee wrt the ISS. When the next apogee is 'behind' the ISS, stop your burn. You will have raised your perigee a bit and thus decreased the relative speed of rendezvous between you and the ISS. Repeat this last step a few times until your perigee is about 10km or so below the ISS. At one of these stages (it doesn't matter which one), burn (either retrograde or prograde, it depends on what your current orbit is like) at perigee to raise/lower your apogee so that it is at the correct altitude for the rendezvous (I normally shoot for a couple of hundred feet below the ISS). At the 'last' apogee, perform your prograde burn such that the apogee corresponds exactly with the same position (x component only, it will still be below the ISS) as the ISS. When you next get to apogee, you should pop up underneath the ISS by the target amount with very little relative speed. From here, you can perform the RPM, TORVA or any other docking mechanism you choose.
It takes a couple of run-throughs to get it so that it all makes sense, but this is my normal docking operation.