Each video, image, text, or blank clip can have one or more video effects applied to it.

Edit Effects

To edit the video effects applied to a clip, open the Video Effects dialog by selecting the clip and doing one of the following:

If the clip is in a bin, you can also right-click on the clip and select Video Effects. If the clip is on a sequence, click the button with the 'FX' icon on the bottom left of the clip.

Add New Effect

To add a new effect to a clip, do one of the following:

VirtualDub Plugins

More effects can be added by installing VirtualDub plugins.
See: VirtualDub Video Effect Plugins

Effect Masking

Effect masks are used to apply one or more effects only to a specific region of a clip. As with most effects, a mask can be animated over time to change its shape and size. Specific examples of what effect masks are useful for:

See: Effect Masking