Ableton/Live/UG/29 Audio Effect Reference/10 Corpus/04 Global Parameters
29.10.4 Global Parameters

- Bleed — mixes in some of the unprocessed signal, which restores highs lost at low tunings or low quality; off for Pipe and Tube
- Gain — output level. A built-in limiter engages when the level is too high, shown by the LED next to Gain.
- Dry/Wet — balance of dry input and processed signal. Turning it down stops new input from being processed but lets current resonances ring.