How To Do Video Effects

Video Effects are Filters that are applied to Movie's Selected Sequences or Incrustation Effects. Go thru the steps of selecting a sequence in the Movie (As explained at the end of the Introduction Chapter), select an Effect and press the "Apply Effect on Movie" button. The Incrustation and Cross-Fade Effects need both a Clip and a Movie to be opened.

Let's cover the Effects one by one:

Go Backwards: Applying this effect to a sequence will produce the same effect as playing it bacwards. 
Change Time Scale: This Effect changes the playback rate of a sequence within the Movie.
Stroboscope: This Filters drops frames at a rate you specify, producing a Stroboscope-like effect.
Black and White: This Filter turns a color sequence into a grayscale one.
Inverse Color: Inverses the colors of the Selected Sequence.
Tint: Tints the sequence with the color of your choice.
Incrustation: This Effect allows you to incrust a Clip Sequence in the Movie. In addition to the Movie's Selected Sequence you must set a Start Point in the Clip. You can move the Incrustation Window by dragging it and resize it with the Slide Bar.
Dynamic Incrustation: This Effect is similar to the latter but by setting different beginning and End Incrustation Window you can make the Incrustation move and/or grow over time.
Cross Fade: This Filter fades a Clip Sequence into the Selected Sequence. Play with the slide bar for interesting effects.
Fade In & Fade Out: Fades the sequence into or from a color of your choice.
Crop: With this Effect you can zoom into an intersting spot in the Movie.
Dynamic Crops: Produces a zoom that changes over time.
Mosaic: Set the amount of pixelation with the slide bar.
Replicate: You can set different degrees of replication at the Beginnning and End.