I'm running Premiere Elements 7.0 on Windows XP. I've been told that it has a "proc amp" feature that's associated with a "reference monitor" that shows clip colors in the form of a graph, which can then be adjusted. I have not been able to find this feature. Can anyone tell me how to find it, if it in fact exists?
Well, no. Not so much in Premiere Elements. (More so in Premiere Pro.)
However, there are some audio effects for sweetening the sound.
Specifically, check out the Dynamics effect.
There's no waveform -- but it does allow for some sound cleaning and sweetening.
I do not remember Proc Amp in PrE either. It is available in PrPro, and when one Rt-clicks the Program Monitor, several scopes are available. These can mostly be ganged, as well.
Good luck, and if you find it, please post back, as I can always learn something new.
I've noticed that the Denoiser audio effect does include a waveform interface. It's possible that too could be what you saw referenced